- Arc Minerals said it had raised around £2.2m from a share issue to fund continuing exploration and development work at its Zamsort copper project in Zambia.

New shares in the company were issued at 3p each, with each unit also comprising a single share-purchase warrant.

The warrants entitled shareholders to purchase one share at 4.5p each with a 36-month expiry.

At 1:56pm: [LON:ARCM] Arc Minerals Limited Ords Npv Di share price was +0.15p at 3.05p

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