Business
Result of Placing
Result of Placing.
About this update from Anglesey Mining Plc
[{"type":"text","content":"\n\n \n \n\n\n\n\nAnglesey Mining Plc (AIM:AYM) is pleased to announce that, further to its announcement of 7 a.m. (London time) on 25 July 2023, it has successfully completed and closed the Placing.\n\n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR NEW ZEALAND OR IN OR INTO ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A BREACH OF ANY APPLICABLE LAW OR REGULATION.\nTHIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT ITSELF CONSTITUTE A PROSPECTUS OR OFFERING MEMORANDUM OR AN OFFER FOR SALE OR SUBSCRIPTION IN RESPECT OF ANY SECURITIES IN THE COMPANY. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES OF ANGLESEY MINING PLC IN ANY JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION.\nTHE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.\nAnglesey Mining Plc\n(“Anglesey Mining”, “Anglesey”, the “Company” or the “Group”) (AIM:AYM)\nResult of Placing \nAnglesey Mining Plc (AIM:AYM) is pleased to announce that, further to its announcement of 7 a.m. (London time) on 25 July 2023, it has successfully completed and closed the Placing.\nThe Placing raised, in aggregate, gross proceeds of £0.5m. The Placing comprises the placing of 33,333,329 new Ordinary Shares (the “Placing Shares”) with certain institutional and other investors at a price of 1.5 pence per share (the “Issue Price”), thereby raising £0.5m gross proceeds. The Placing Shares were accompanied by one Investor Warrant, as detailed in the announcement of earlier today. \nThe Fundraising is conditional only on Admission.\nThe net proceeds of the Placing will be applied to commence drilling of the Northern Copper Zone at Parys Mountain, continuing...