[ad_1] Pensana (OTC Pink:PNSPF) reported on Tuesday (December 9) that it has concluded a US$100 million subscription with a strategic investor.In keeping with the London-listed firm the deal underpins its braoder Mine-to-Magnet technique in the US.Whereas the corporate stored the investor nameless, it revealed that the investor subscribed for 95 million new abnormal shares of £0.001 every. Alongside the strategic funding, Pensana will problem 2.85 million new abnormal shares to institutional traders.Priced at £0.80 per share, the position totals US$3 million.Chairman Paul Atherley mentioned that the funds will likely be used to take care of the Longonjo mine improvement forward…
Author: Editorial
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