Chesterfield Resources raises £630K through discounted equity raise

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Chesterfield Resources said it had raised £630L through the placing of shares at a discount.

The company placed 12m shares at a price of 5.25p a share, representing a 23% discount to the 5-day volume weighted average share price of 6.85p.

The net proceeds of the placing would primarily be used to fund the Company's drill programmes in Cyprus, analysis and follow-up exploration work.

At 10:04am: (LON:CHF) Chesterfield Resources Plc Ord 0.1p share price was 0p at 7.35p


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