Africa-focused African Battery Metals has concluded a business restructuring and refinancing package that will enable it, subject to shareholder approval, to return to trading on the Aim, CEO Roger Murphy said on Monday. In a business update to shareholders, the company announced the conditional placing of shares to raise £1-million at 0.5p a share, resulting in the issue of 200-million new shares of 0.1p each, as part of the refinancing package.
