URA Holdings

URA is an African focused mineral exploration company, listed on the Standard Market of the London Stock Exchange.
Deal price
1.25p
Discount of 24 %
Last Price 1.65p
Deal is now closed

Key information

Key information

Sector

Non-gold precious metals and minerals

Website

Close date

Delivery

Selling price

Last price

Discount

1.25p

1.65 p

24 %

Use of proceeds

The proceeds of the Fundraise will be used to restart the Gravellotte Emerald Mine and includes the purchase and installation of the remaining capital items, primarily relating to the commissioning of the processing plant as well as general working capital. The restart of mining and processing operations and first emerald production is expected to occur in Q1 2024.

Company announcement

https://www.londonstockexchange.com/news-article/URAH/launch-of-placing-and-subscription-to-raise-c-ps1m/16217286

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