Blencowe Resources (LON: BRES) is the latest standard list shell to float, following soon after MENA-Land. Blencowe is focused on the resources sector and raised £340,000 gross.
It is important to stress that Blencowe could not have joined AIM by raising such a small amount of money. A minimum of £6m is required to be raised for a new AIM investment company quotation.
There have been previous share issues prior to the flotation at lower share prices than the 4p placing price. That is why t...
You are unauthorized to view this page.
