Dalradian gets C$20m from warrant exercises

Dalradian Resources has received nearly C$20m from the exercise of warrants issued on 7 Oct 2015.

It said a total of 19,187,650 of warrants were exercised between 22 Sep and 10 Oct at C$1.04, resulting in proceeds of C$19,955,156.

It said this included 371,250 warrants exercised by Dalradian's officers and directors totalling C$386,100 announced on 11 Oct and 6,250,000 warrants exercised by Osisko Gold Royalties totalling C$6.5m announced on 10 Oct.

At 8:34am: (LON:DALR) Dalradian Resources Inc. Com Shs Npv Di share price was -1p at 80p