Finance > Project-finance

Connemara raises US$1.26 million in equity

Irish gold and zinc exploration company Connemara Mining (LN:CON) is the latest company to receive investment from Metal Tiger (LN:MTR).

Staff reporter

Finance > Project-finance

Connemara raises US$1.26 million in equity

Irish gold and zinc exploration company Connemara Mining (LN:CON) is the latest company to receive investment from Metal Tiger (LN:MTR).

Staff reporter

Connemara raises US$1.26 million in equity

The money raised will be used to accelerate operational activities at Connemara's gold and zinc portfolio in Ireland

It announced on Monday that it had raised £900,000 (US$1.26 million) via the issuance of 21.69 million new ordinary shares at £0.0415 per share to accelerate operational activities at its gold and zinc portfolio in Ireland.