80 Mile Plc Raises £2m in Successful Placing
The mining company has raised £2m through a share placing, with the new shares issued at a 5.66% discount to the previous closing price.
The mining company has raised £2m through a share placing, with the new shares issued at a 5.66% discount to the previous closing price.
The prominent mining company is raising £2 million through a share placing to fund asset development and working capital.
The exploration and development company receives $500,000 from its joint venture partner, as the partner prepares to merge and list on NASDAQ. The company also provides an update on preparations for drilling at its Jameson project in Greenland.
The mining company announces changes to its board and senior management team as it transitions into a free carried position across key projects and prepares for the restart of its biofuels plant in Italy.
The exploration and development company updates on the status of its Jameson and Disko projects in Greenland, including potential funding and drilling plans.
The exploration and development company has secured $30 million in funding from a US partner to advance its Disko-Nuussuaq project in Greenland, which has shown significant potential for nickel, copper, cobalt, and platinum group elements.
The exploration and development company has updated the market on its total issued and outstanding share capital.
The exploration and development company has identified substantial oil potential at its Jameson Land Basin project in Greenland, with an independent assessment estimating over 13 billion barrels of recoverable resources. The company has also secured full funding from a US joint venture partner to commence drilling.
The renewable energy company has secured several strategic partnerships to supply feedstocks and offtake biofuels from its Ferrandina facility in Italy, positioning it as a key processing hub for sustainable fuels.
The mining company has raised £28,000 through the exercise of warrants, but the new shares were issued at a 44.9% discount to the previous closing price, suggesting low investor confidence.