Anglesey to raise cash to fund Parys Mountain project optimisation study

Anglesey Mining on Monday confirmed that it had placed more than 9.3-million new ordinary shares, representing about 5.3% of the company’s current issued share capital, at 2.135p a share to raise about £200 000 gross and £180 000 net of capital. The placing price represents a discount of about 9.1% to the closing middle market price of 2.35p an ordinary share at the close of business on April 26.