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IronRidge Resources announces 2021 financial results globalminingreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalminingreview.com Daily Mail and Mail on Sunday newspapers.
IronRidge Resources Ltd (LON:IRR) - Golden Spinout To Increase Shareholder Value proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
27 April 2021 | 13:50pm StockMarketWire.com - IronRidge Resources has raised £12 million before expenses through a subscription for, and placing of, 60 million new ordinary shares. The shares were set at an issue price of 20p per share and the funds will be used to develop the company s gold and lithium projects in Ghana, Cote d Ivoire and Chad in Africa. Vincent Mascolo, CEO of IronRidge, said: Today s news demonstrates, yet again, belief and confidence in the board s strategy to advance further the company s gold and lithium portfolio, with a strong focus on the Ewoyaa Lithium Project in Ghana, which we consider to be an industry-leading asset, and the Zaranou Gold Project in Côte d Ivoire. ....
Vincent Mascolo, Chief Executive Officer of IronRidge, said: We are delighted by the interest shown in IronRidge by the international equity capital markets and I would like to thank shareholders for their participation in this oversubscribed fundraise.
Today s news demonstrates, yet again, belief and confidence in the Board s strategy to advance further the Company s gold and lithium portfolio, with a strong focus on the Ewoyaa Lithium Project in Ghana, which we consider to be an industry-leading asset, and the Zaranou Gold Project in Côte d Ivoire. The £12m raised puts IronRidge in a strong financial position to capitalise upon the opportunities that it has created itself, particularly as the Company assesses its options to fast track Ewoyaa to production. ....
IronRidge Resources Limited raises funds to advance development of gold and lithium projects proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.