StockMarketWire.com - Mineral exploration and development company Amur Minerals said it had raised £0.5m gross through the placing of shares.

The company placed 47,619,048 shares at a price of 1.05p per share.

The proceeds of the placing would be used to 'progress development of the company's Kun-Manie nickel copper sulphide project and for general working capital purposes,' the company said.




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