London-listed URA Holdings has raised £240 000 through a placing and subscription to buy critical equipment and machinery required for the restart of the Gravelotte emerald mine, in Limpopo, South Africa. Chairperson Ed Nealon says existing shareholders participated in the placing, including himself for 625 000 shares worth £15 000 and director Peter Redmond for the same amount.
London-listed URA Holdings has raised £240 000 through a placing and subscription to buy critical equipment and machinery required for the restart of the Gravelotte emerald mine, in Limpopo, South Africa.says existing shareholders participated in the placing, including himself for 625 000 shares worth £15 000 and directorThe placing and subscription comprised ten-million new ordinary shares issued at a price of 2.
The company upgraded the site’s water supply and water storage capacity for processing operations, site security and main haulage roads between the openpits and processing plant.
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