News blog

African Mining & Exploration

  • BY: Andrew Hore |
  • POSTED: 01/11/2010 |

Mali-focused explorer African Mining & Exploration joined Aim on 1 November and raised 5m (4.3m net) at 10p a share.

That valued AME at 7.08m. Existing shareholders raised 147,000. The share price ended the day at 12.25p a share, which valued AME at 8.67m. Every share has a warrant attached and it is exercisable at 12.5p a share.

AME is concentrating on exploring for gold projects. AME holds mining exploration permits for the Karan and Diatissan permit areas in Western Mali.

© 2021 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at Subscribe to AIM Micro RSS Feeds