REG - Corcel PLC - Successful Completion of First Tranche of Placing

CorcelAnnouncement

19/04/2023 09:45

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RNS Number : 7410W  Corcel PLC  19 April 2023

 

Corcel PLC

("Corcel" or the "Company")

 

Successful Completion of First Tranche of Cornerstone Investor Placing

19 April 2023

Corcel Plc (London AIM: CRCL), the extractive industries exploration and
development company, with interests in battery metals including nickel,
cobalt, and rare earth elements, announces that further to the fundraising
announced on 28 March 2023, it has now received the initial £300,000
subscription and has, as planned, utilized £100,000 of the amount received to
reduce its outstanding debt balance as previously announced on 30 January
2023. The shares will be admitted to trading tomorrow 20 April 2023.

For further information, please contact:

Scott Kaintz
 
Corcel Plc CEO

020 7747 9960
 
 

James Joyce / James Bavister /Andrew de Andrade
                               WH Ireland Ltd
NOMAD & Broker

0207 220 1666
 
 

Patrick d'Ancona
 
Vigo Communications IR

0207 3900
230

 

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulation (EU) No.
596/2014 which is part of UK law by virtue of the European Union (withdrawal)
Act 2018. Upon the publication of this announcement, this inside information
is now considered to be in the public domain.

 

 

 

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