Business
Result of Oversubscribed Fundraise
Result of Oversubscribed Fundraise.
About this update from Upland Resources Ltd
[{"type":"text","content":"\n \n \n \n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT WOULD BE UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.\n \n \n \n THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT ITSELF CONSTITUTE AN OFFER FOR SALE OR SUBSCRIPTION 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\n UPLAND RESOURCES LIMITED\n IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.\n \n \n \n \n \n This announcement is not a prospectus and not an offer of shares for sale in any jurisdiction, including in or into Australia, Canada, Japan or the United States.\n \n \n The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested.\n \n \n Neither this announcement, nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not subscribe for or purchase any shares referred to in this announcement\n .\n \n \n \n \n \n \n \n \n 22 February 2023\n \n \n \n \n \n \n \n \n UPLAND RESOURCES LIMITED\n \n \n (\"Upland\" or the \"Company\")\n \n \n \n \n \n \n \n \n Result of Oversubscribed Fundraise\n \n \n \n Upland Resources Limited (LSE: UPL) is pleased to announce that following the announcement on 20 February 2023\n in respect of the proposed fundraise (\"the Fundraise\") by way of direct subscription with investors (\"the Subscription\") and placing through house broker Optiva Securities Limited (\"the Placing\"), that the Fundraise has now raised\n gross proceeds of approximately £1.705 million at a price of 0.6p per new ordinary shares\n (\"Fundraising Price\")\n of no par value in the capital of the Company (\"Ordinary Shares\")\n condition...