Firering Strategic Minerals, an emerging quicklime and critical mineral exploration company, has announced it has raised £1.3m via placing and subscription of 85.9M shares at 1.5p/share. Proceeds will be used to exercise two tranche payments of the Limeco option agreement, which will increase Firering’s interest in Limeco to 26.9% and 30.7%, respectively. The Company also announced an update on Limeco’s operations.
