Posts tagged: Iofina

UNCOOKED ALERT: Iofina said to be working on a major equity fundraising - sources

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...


Tags: Iofina