Great Southern Copper PLC (LSE:GSCU) is to bank around £143,000 in proceeds, as a number of share warrants have been exercised.
Just over 5 million new shares are being issued – 1.29 million at 2.4p, and 3.7 million at 3p, generating £31,000 and £112,500 respectively.
The new shares will be admitted to trading on the London Stock Exchange on 14 April
In London, Great Southern shares are up around 270% over the past six months, and, priced currently at just over 4p they value the company at around £22 million.