Uru Metals raises £300k in heavily discounted placing

Uru Metals raises £300k in heavily discounted placing

URU Metals shares tanked on Friday after the group raised £300,000 through a heavily discounted placing at 3p per share. The discount represents an eye-watering 65% discount to yesterday’s closing price of 8.5p and is one of the largest discounts a company has had to offer shares to secure funds this year. The placing was […] The post Uru Metals raises £300k in heavily discounted placing appeared first on UK Investor Magazine.

URU Metals #URU – Placing to raise £300,000 and Appointment of Joint Broker

The Company is pleased to announce that it has raised £300,000 before expenses through a placing of 10,000,000 new ordinary shares of no nominal value each in the capital of the Company (the “Placing Shares”) at a price of 3p per share (the “Placing”). The Placing was arranged by Axis Capital Markets Limited (“Axis”).  Use … Continue reading →