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Blencowe Resources raises £0.5m in oversubscribed equity placing

StockMarketWire.com

Natural resources company Blencowe Resources said it had raised £0.5 million in an oversubscribed equity placing at 8 pence per share.

Placees had also received an attaching half-warrant to subscribe for shares at 10 pence per share for a period of three years.

focussed on the development of the Orom-Cross Graphite Project in Uganda, is pleased to announce that it has raised

At 9:34am: (LON:BRES) share price was 0p at 6.1p


Story provided by StockMarketWire.com