Tuesday, 14 May 2019, 11:13 pm
Another day, another confirmation for little old Betaville.
This time Iofina confirmed Betaville's scoopette from yesterday about the business plotting a discounted equity fundraising. Below is a link to the confirmation:
https://www.investegate.co.uk/iofina-plc--iof-/rns/statement-regarding-share-price-rise/201905140700068882Y/..
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Monday, 13 May 2019, 6:57 pm
Iofina, the Iodine and natural gas exploration company, is said to be working an equity fundraising.
People claiming to be familiar with the matter said Iofina is working on placing and the deal could be "imminent".
One person claimed new shares in Iofina, which today saw its stock jump almost 30pc to 32p, could be issued to investors at around 22p a share.
However, it's not clear how much capital Iodina is looking to raise...
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