Versarien plc (LON:VRS), the advanced materials engineering group, has announced it has raised £246,038 (before expenses) by way of a placing of 745,569,784 new ordinary shares in the capital of the Company at a price of 0.033 pence per share.
Highlights
● Versarien has raised £246,038, before expenses, through the Placing of 745,569,784 new ordinary shares in the capital of the Company at a price of 0.033 pence per share
● The Placing uses the Company’s remaining authority to issue shares for cash
● The net proceeds of the Placing will be used to for general corporate purposes