£475k funds raised, busy pipeline, capex savings identified for Aje expansion
The natural resources investing company this week announced that it had raised gross proceeds of £475k at a price of 1.5p. This included Director subscriptions totalling £175k. As part of the transaction, 6.67m warrants have been issued with an exercise price of 3p each for a period of two years from admission. The balance sheet has further benefitted from conversion by debt holders, consultants and service providers e ....
17 Nov 2021
Hybridan Research: 17-11-2021: ADM Energy plc: Fundraise and business update
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Hybridan Research: 17-11-2021: ADM Energy plc: Fundraise and business update
£475k funds raised, busy pipeline, capex savings identified for Aje expansion
The natural resources investing company this week announced that it had raised gross proceeds of £475k at a price of 1.5p. This included Director subscriptions totalling £175k. As part of the transaction, 6.67m warrants have been issued with an exercise price of 3p each for a period of two years from admission. The balance sheet has further benefitted from conversion by debt holders, consultants and service providers e ....