Thursday July 9, 2020

Kenmare Resources places 250 million shares

Mining company Kenmare Resources has completed a placement of 250 million shares at 26.5 pence per share, raising stg 66.3 million pounds.

11th October, 2013

Mining company Kenmare Resources has completed a placement of 250 million shares at 26.5 pence per share, raising stg 66.3 million pounds.

The company said it undertook the placing to secure near term liquidity as well as medium term flexibility.

It should also position the group to take advantage of future improvements in the market, Kenmare said.

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