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Firering Strategic Minerals PLC - Zambia and Ivory Coast-focused mining company - Announces that it has received $1 million in full and final settlement of all debts and claims owed by Ricca Resources. In addition, Firering announces the closing of a placing and subscription raising a further £860,000 at 1.25 pence per share. Clearglass Investments Ltd subscribes for £85,000 worth shares and Premier Miton Group PLC for £250,000. The injection of new capital supports continued progress at Firering’s flagship asset, Limeco Resources Ltd in Zambia, where the ramp up of lime production is advancing in line with the company’s growth strategy. ‘The injection of new capital comes at a pivotal stage for Firering as we look to increase our interest in Limeco, our primary value driver, as we push forward with operational ramp up and product diversification efforts,’ notes Chief Executive Officer Yuval Cohen. Current stock price: 1.25 pence, closed down 7.3% in London on Wednesday 12 month change: down 69% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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