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Anglesey Mining Raises GBP1.3 Million for Parys Mountain Copper Project in UK

MT Newswires·11/02/2026 06:16:24
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06:16 AM EST, 11/02/2026 (MT Newswires) -- Anglesey Mining (AYM.L) raised 1.3 million pounds sterling through a share placing and subscription to fund exploration drilling and development work at its Parys Mountain copper project in North Wales, UK. The British mineral exploration and development company issued 27.8 million shares at 0.045 pound each, raising 1.2 million pounds through the placing and 65,000 pounds through the subscription, according to a Monday release. Tavira was named as joint corporate broker. Investors will receive one warrant per new share, exercisable at 0.0675 pound for 36 months. Full exercise would raise gross proceeds of 1.9 million pounds. The new shares are expected to begin trading on AIM on or around Thursday.