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MCI Medcaw Investments Plc

4.25
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Medcaw Investments Investors - MCI

Medcaw Investments Investors - MCI

Share Name Share Symbol Market Stock Type
Medcaw Investments Plc MCI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 4.25 00:00:00
Open Price Low Price High Price Close Price Previous Close
4.25
more quote information »
Industry Sector
HOUSEHOLD GOODS & HOME CONSTRUCTION

Top Investor Posts

Top Posts
Posted at 18/7/2023 16:37 by hedgehog 100
Current share price 18th. July 2023: 4.25p (currently suspended)
22,132,095 shares in issue
Market capitalisation: £940,614.


"On incorporation, the Company issued 5,000,000 Ordinary Shares at an issue price of £0.01 each to raise £50,000.
On 10 February 2021, the Company issued a further 4,750,000 Ordinary Shares at a subscription price of £0.04 as part of the Seed Fundraise, raising a total of £190,000."

MCI raised £0.45M. net in its December 2022 float, at 10p/share.
And on 7th. July 2023 raised a further £400K. gross at 8p/share.


21/12/2022 08:00 UK Regulatory (RNS & others) Medcaw Investments Plc First Day of Dealings on the London Stock Exchange LSE:MCI Medcaw Investments Plc

"Medcaw Investments plc, a company formed for the purpose of undertaking an
acquisition or acquisitions in the life sciences sector life sciences sector,
focusing on companies developing medical or wellness technologies and
therapies, is pleased to announce that, following the publication of its
Prospectus on 16 December 2022, a total of 17,132,095 ordinary shares of £0.01
each in the share capital of the Company will today be admitted to the standard
segment of the Official List of the Financial Conduct Authority and to trading
on the main market for listed securities of the London Stock Exchange plc.

Dealings will commence at 8:00 a.m. today under the TIDM 'MCI' with ISIN number
GB00BM8SQP62 and SEDOL BM8SQP6."




07/07/2023 16:12 PR Newswire (US) Medcaw Investments Plc - Potential acquisition of near-term Lithium production asset LSE:MCI Medcaw Investments Plc

"Potential acquisition of near-term Lithium production asset

• Signing of conditional implementation agreement with Abyssinian Metals Limited
• Equity Fundraise & Suspension of Trading

Medcaw Investments plc (LSE:MCI), an acquisition vehicle, is pleased to announce that it has entered into a conditional implementation agreement with Abyssinian Metals Limited ("AML"), a company incorporated in Australia and developing the Kenticha lithium project located in Oromia State, Southern Ethiopia.

Subject to the Company being satisfied with technical, legal, accounting, tax, financial, commercial and environmental due diligence on AML the Company will consider making an offer to acquire up to 100% of the entire issued share capital of AML ("AML Shares") in consideration for the issue and allotment of new ordinary shares ("Ordinary Shares") in the Company to the shareholders of AML ("Proposed Transaction"). As at the date of this announcement no decision has made by the Company whether to proceed with an offer for the AML Shares or otherwise and there is no offer that is capable of being accepted by the shareholders of AML.

AML is a clean energy metals company with a focus on the development of the Kenticha lithium project in which it has a 51% legal and beneficial interest and manager of the project with the Oromia State holding 49%. ...

Details of Equity Fundraise

Medcaw has today raised gross proceeds of £400,000 at 8p per share ("New Ordinary Shares") through an equity placement to various high net worth and institutional investors introduced by GIS Global Investment Strategy ("GIS") ("Placement"). The Company has therefore allotted and issued a total of 5,000,000 new Ordinary Shares in the Company. ..."




From MCI's website:-

"About us

Medcaw Investments PLC (“Medcaw”) is a cash shell listed on the Main Market of the London Stock Exchange MCI:LON. Medcaw has recently entered into binding conditional agreement to acquire Abyssinian Metals Limited ("AML"), a company developing the Kenticha lithium project located in Oromia State, Southern Ethiopia. The Kenticha project is a highly evolved, rare element, Lithium Caesium Tantalum (LCT) pegmatite project comparable to other major rare-element pegmatites such as Greenbushes, Tanco, Wodgina, Volta Grande and Altai No.3. Kenticha is a late stage development asset which AML intends to develop with the production of spodumene concentrate planned in stages, with near-term production through a Dense Medium Separation (DMS) modular plant.

At Medcaw we recognise the significant role that lithium plays in the global transition to sustainable energy solutions. As the demand for clean energy continues to surge, lithium has become an indispensable element in the production of lithium-ion batteries, which power electric vehicles and store renewable energy.

Our primary objective is to identify and acquire prospective lithium mining projects across Africa, a continent rich in mineral resources and untapped potential. We believe that Africa presents a unique opportunity for lithium mining, with its abundant lithium deposits and favorable investment climate. By focusing on this region, we aim to become a key player in the lithium market, meeting the growing demand and contributing to the sustainable energy revolution."
Posted at 23/7/2009 23:55 by lbo
THE PRICES of houses at Druids Glen golf club estate in Co Wicklow have been cut from between 11 per cent and nearly 50 per cent in an effort to sell them.

The prices of homes on golf course developments around the country are falling: a month ago, a group of investors in Doonbeg, Co Clare, cut prices, as did owners of some properties at the K Club in Co Kildare. The discounts on some of the exclusive golf properties were up to 50 per cent. Internationally, golf club homes are struggling to find buyers.

McInerney Homes launched the development of townhouses and four and five-bedroom homes at Druids Glen in 2006 at prices starting from over €800,000 for townhouses. The 400-acre estate between Newtownmountkennedy and Kilcoole, Co Wicklow, has a five-star Marriott Hotel and spa and leisure centre as well as of course the former Irish Open championship golf course
Posted at 25/9/2007 16:05 by cordwainer
Investors are perhaps concerned about the possibility of lower margins as stricter mortgages are brought to bear, and perhaps an expectation that, in england at least, falling prices for flats could spread to houses and more areas. These latest results do not do much if anything to allay such fears.
Posted at 01/2/2002 09:24 by royaloak
ARGY2, thanks for the information, I am both a trader and a long term investor, in this case when I see a pe of less than 5 and an optimistic statement I am content to buy a few and stick them in the bottom draw.
Posted at 01/2/2002 08:47 by argy2
Poor marketability and a persistant seller when they have a run.....be careful, unless you are a long term investor imho.

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