SolGold (LON:SOLG) has replenished its coffers and paid off some bills by issuing shares.
In all, 62.2mln new shares have be issued at 1.5p a throw. Of these, 34.2mln have been placed with certain investors, raising £513,790, while just over 28mln shares have been handed over to settle fees of around £420,000 for services rendered.
DGR Global and Tenstar backed the share issue,taking their stakes in SolGold up to 10.7% and 14.8% respectively.
Shares in SolGold were up 1.3% to 1.55p in lunchtime trading.