Published on 6/26/2007 in the Prospect News PIPE Daily.
New Issue: African Copper raises 92.05 million Botswana pula from stock sale
By Laura Lutz
Des Moines, June 26 - African Copper plc completed a private placement of shares for 92,045,492 Botswana pula.
The company sold 8,367,772 ordinary shares to a Botswana institutional investor at 11 Botswana pula per share.
African Copper is a mineral exploration and development company based in London.
Issuer: | African Copper plc
|
Issue: | Shares
|
Amount: | 92,045,492 Botswana pula
|
Shares: | 8,367,772
|
Price: | 11 Botswana pula
|
Warrants: | No
|
Settlement date: | June 26
|
Stock symbol: | London: ACU
|
Stock price: | 89.50p at close June 26
|
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