Green fertiliser developer ATOME PLC (AIM:ATOM) said it has raised a further £500,000 from a longstanding institutional shareholder.
It followed the wider placing and subscription priced at 50p last month, with the institutional investor contacting the company to request a further subscription.
"The monies will provide further working capital as ATOME grows and develops its world leading major green fertiliser production projects the first of which being the 145MW facility in Villeta, Paraguay," it said, adding that there is no intention to issue further shares at the said price.