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Altona Rare Earths plc: Placing and LSE Listing Update
Home / Client News / Altona Rare Earths plc: Placing and LSE Listing Update

Altona (AQSE: ANR.PL), a mining exploration company focused on the evaluation, acquisition and development of Rare Earth Elements (“REE”) mining projects in Africa, announces it has conditionally raised £1.1 million, via a placing of 13,750,000 million new ordinary shares at 8 pence each (“the Placing”).

The Placing is conditional on, inter alia, the Company’s Admission of its entire ordinary share capital to the Official List (by way of Standard Listing under Chapter 14 of the Listing Rules) and to trading on the London Stock Exchange’s Main Market for listed securities (“Admission”), which is expected by the end of September. Consequently, the new ordinary shares will not be issued until Admission and the total number ordinary shares currently issued remains 37,484,999.


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