Land Securities Announces £500 Million Equity Issue
Land Securities Group PLC announced an equity issue intended to raise approximately £500 million.
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Land Securities Group PLC announced an equity issue intended to raise approximately £500 million.
The company said its annual report and audit report are available on its website. It also outlined project work on the Maalinao-Caigutan-Biyog copper-gold project, management changes and a ~A$9.3 million equity raising.
The AIM- and BSX-listed company said the open offer will raise up to about £15 million through up to 37.5 million shares at 40 pence each. Lord Ashcroft has agreed to underwrite the offer up to the maximum aggregate value.
Spanish Mountain Gold announced a Preliminary Economic Assessment Update for its B.C. gold project, envisioning a 25.8-year mine life producing 3.33 million ounces of gold. The company also received confirmation to resume its environmental assessment and permitting process.