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IN BRIEF: Corcel raises £357,000 via placing and broker option

ALN

Corcel PLC - London-based mining and mineral resource development company - Raises £357,320 via a placing and a broker option. Says it will issue 5.3 million new shares at £0.004 each, with warrants exercisable at £0.005. Says it intends to issue Novum Securities Ltd 4.5 million broker warrants, at £0.004 each.

Current stock price: 0.39 pence, down 2.5% on Wednesday

12-month change: down 77%

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