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Alien Metals taps AIM for fresh funding

Minerals junior Alien Metals has raised around £4 million (US$5.4 million) with an AIM placement, as it moves to develop its Hancock iron ore project in Australia.

Alien Metals taps AIM for fresh funding Alien Metals taps AIM for fresh funding Alien Metals taps AIM for fresh funding Alien Metals taps AIM for fresh funding Alien Metals taps AIM for fresh funding

Iron ore lumps

Shares were offered on November 4 at 0.85 pence, a discount of around 21% from the closing price on November 3. The shares are expected to be admitted to trading on AIM around 18 November 2021.

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