Betaville

RARE ALERT: Management Resource Solutions said to...

Management Resource Solutions, a London-listed mining equipment company, is said to be plotting an equity fundraising.

People claiming to be familiar with the matter said Management Resource Solutions, which operates in Australia and Papua New Guinea, is looking to raise up to £5 million, possibly via a placing of new stock with investors.

It's not clear what price new shares will issued at but some people claiming to be familiar with the matter said it could be a 10pc discount to the current price or around 4p...