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Mkango Resources Limited Announces RetailBook Offer
Accessnewswire· 2026-03-31 16:45
Core Viewpoint - Mkango Resources Limited has announced a conditional retail offer of new Common Shares via RetailBook at an issue price of 33 pence, representing a discount of approximately 14.5% to the closing mid-price on AIM as of March 31, 2026 [4][6]. RetailBook Offer Details - The issue price for the new Common Shares is set at 33 pence (C$0.606375) per share, with a total expected gross proceeds of approximately £10 million from the overall fundraising efforts [4][6][8]. - The RetailBook Offer is available to both existing shareholders and new investors in the UK, with a minimum subscription of £250 per investor [5][14]. - The offer will close at 8 p.m. on March 31, 2026, but may close earlier if oversubscribed [9]. Conditions and Utilization of Proceeds - The RetailBook Offer is conditional on the completion of a concurrent placing of new Common Shares to institutional investors, with expected trading commencement on AIM and TSX-V on April 10, 2026 [7][8]. - The net proceeds from the fundraising will be utilized to support growth opportunities, including a potential acquisition in Germany, and for capital expenditure and working capital needs [8]. Related Party Transaction - Tim Slater, the interim Chief Financial Officer, intends to participate in the Retail Offer for approximately £150,000 (C$276,000), which constitutes a related party transaction under Canadian regulations [17][18].
Touchstone Exploration Retail Offer
Accessnewswire· 2025-10-24 07:05
Core Viewpoint - The document contains a legal disclaimer regarding the distribution and publication of the information, indicating restrictions on certain jurisdictions and individuals [1] Group 1 - The announcement is not intended for release, publication, or distribution to US persons or within the United States [1] - The document also restricts distribution in Australia, Canada, South Africa, Japan, and any member state of the EEA [1] - It emphasizes compliance with applicable laws and regulations regarding the dissemination of the information [1]