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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Kodal Minerals Plc | LSE:KOD | London | Ordinary Share | GB00BH3X7Y70 | ORD 0.03125P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.415 | 0.40 | 0.43 | 0.415 | 0.415 | 0.415 | 10,632,208 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Misc Nonmtl Minrls, Ex Fuels | 0 | -1.46M | -0.0001 | -41.00 | 82.99M |
From Apr 2019 to Apr 2024
TIDMKOD
RNS Number : 9356G
Kodal Minerals PLC
01 June 2017
Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining
1 June 2017
Kodal Minerals plc
('Kodal Minerals' or 'the Company')
Update re Equity Subscription Agreement
Kodal Minerals, the mineral exploration and development company, provides an update to its announcement of 8 May 2017 regarding the finalisation of an equity subscription agreement (the "Subscription Agreement") with Singapore-based Suay Chin International Pte Ltd ("Suay Chin") for a second share placing to invest up to GBP4.3 million in the Company by way of a subscription for up to 1,138,227,978 ordinary shares ("Subscription Shares") at GBP0.0038 per share (the "Subscription Price") in two tranches (the "Subscription").
The first tranche of the Subscription for GBP3,300,000 was completed with the admission to trading on AIM of 868,421,052 Subscription Shares on 12 May 2017.
Under the terms of the Subscription Agreement, the second tranche of the Subscription for GBP1,025,266 should be completed by 2 June 2017 or such later date as the parties agree, but not later than 31 July 2017. Suay Chin has advised the Company that it intends to honour its subscription in full by the deadline of 31 July 2017 but has requested, and the Company has granted, an extension to 31 July 2017 for completion of the Subscription. Further update announcements will be made by the Company once the Subscription has completed.
For further information, please visit www.kodalminerals.com or contact the following:
Hot Features
Premium
Kodal Minerals plc
Bernard Aylward, CEO Tel: +61 418
943 345
Allenby Capital Limited, AIM Nominated
Adviser Tel: 020 3328
Jeremy Porter/Nick Harriss/Liz 5656
Kirchner
SP Angel Corporate Finance LLP,
Financial Adviser & Broker Tel: 020 3470
John Mackay 0470
St Brides Partners Ltd, Financial
PR Tel: 020 7236
Lottie Brocklehurst/Megan Dennison 1177
This information is provided by RNS
The company news service from the London Stock Exchange
END
UPDZMGGVNMZGNZM
(END) Dow Jones Newswires
June 01, 2017 13:24 ET (17:24 GMT)
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