logo-loader
viewIofina PLC

Iofina's Tom Becker discusses £7.5mln raise to fast-track development of new plant

Iofina PLC's (LON:IOF) Tom Becker discusses with Proactive London some of the detail around their £7.5mln fundraise.

The funds raised will go towards paying off debt and expediting construction of a new production facility, while some cash has been earmarked for investment in new product development at Iofina Chemical.

Quick facts: Iofina PLC

Price: 23.6 GBX

LSE:IOF
Market: LSE
Market Cap: £45.28 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Iofina PLC named herein, including the promotion by the Company of Iofina PLC in any Content on the Site, the Company receives from said issuer...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Iofina on track for record year of production as construction of IO#8 advances

Iofina PLC's (LON:IOF) Tom Becker tells Proactive London's Andrew Scott they're on track to deliver record iodine output for the year after its plants processed 167.2 metric tonnes of the crystalline product in the third quarter. Iofina has four IOsorb operations in Oklahoma, which extract...

6 days, 18 hours ago

2 min read