European Metals Holdings announced intraday Friday (RNS 21.7.2023) a strategic investment by the European Bank for Reconstruction and Development (EBRD) of €6m. The investment is by way of a private placement of 12.3m shares to be issued at a price of £0.423 per share. The EBRD has taken a stake of 6% in EMH and has been granted rights that allow participation in future financings to maintain its pro rata equity interest in the Company. The money will be used to continue to complete the feasibil ....
24 Jul 2023
European Metals Holdings - Strategic investment by the EBRD
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European Metals Holdings - Strategic investment by the EBRD
European Metals Holdings Limited (EMH:LON) | 20.2 0.1 2.6% | Mkt Cap: 42.0m
- Published:
24 Jul 2023 -
Author:
Paul Smith | David Seers -
Pages:
4
European Metals Holdings announced intraday Friday (RNS 21.7.2023) a strategic investment by the European Bank for Reconstruction and Development (EBRD) of €6m. The investment is by way of a private placement of 12.3m shares to be issued at a price of £0.423 per share. The EBRD has taken a stake of 6% in EMH and has been granted rights that allow participation in future financings to maintain its pro rata equity interest in the Company. The money will be used to continue to complete the feasibil ....