Pathfinder Minerals Raises GBP51,207 After Exercise Of Warrants

(Alliance News) - Pathfinder Minerals PLC on Wednesday said it has raised GBP51,207 in respect of ...

Alliance News 3 July, 2019 | 1:38PM
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(Alliance News) - Pathfinder Minerals PLC on Wednesday said it has raised GBP51,207 in respect of the exercise of the warrants.

The natural resources company said it issued 3.4 million shares at the exercise price of 1.5 pence. These warrants were issued as part of the company's fundraising in May, it said.

Pathfinder shares were trading 1.4% lower on Wednesday at 2.22p each in London.

In addition, the AIM-listed company has agreed to issue 1.9 million new shares to satisfy fees for corporate finance services provided by non-related parties.

Following the admission, Pathfinder will have 318.4 million shares overall.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Pathfinder Minerals PLC 0.53 GBX 10.53 -

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