IN BRIEF: Ascent Resources Raises GBP1 Million For ESG Metal

IN BRIEF: Ascent Resources Raises GBP1 Million For ESG Metals Plan


IN BRIEF: Ascent Resources Raises GBP1 Million For ESG Metals Plan
Thu, 11th Feb 2021 15:01
Ascent Resources PLC - onshore energy firm focused in Caribbean and Europe - Includes Environmental, Social & Governance principles, which involves the reclassification of stockpiled surface mining waste as a valuable asset for reprocessing and commercial sale to industry, governments and metals traders.
Ascent is looking at several potential projects in Hispanic America, South Africa and Australia, with opportunities in gold, silver, platinum, base metals and ferrochrome.
To assist with pursuing this new strategy, the company has raised GBP1 million through an oversubscribed subscription and placing of 10.0 million shares at a price of 10.1 pence each.

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