Finance > Capital-markets

Erris Resources lists on AIM, raises US$5.3 million

European focused exploration company Erris Resources (LN:ERIS) has listed on AIM and raised £4 million (US$5.3 million) in an initial public offering.

Finance > Capital-markets

Erris Resources lists on AIM, raises US$5.3 million

European focused exploration company Erris Resources (LN:ERIS) has listed on AIM and raised £4 million (US$5.3 million) in an initial public offering.

Erris Resources lists on AIM, raises US$5.3 million

Erris Resources has listed on London's AIM exchange

On admission, 16 million new ordinary shares were placed at a price of £0.25, implying a market capitalisation of £7.8 million.