CAMEC raises another £2.5m

Companies: CFM

04/08/2005

Phil Edmonds' Central African Mining and Exploration Company (CAMEC) has followed last week's £8.5 million placing with a £2.5 million funding, also at 10p.

AIM-quoted CAMEC says this latest infusion of cash has come from institutional investors and will be used to expand its investment portfolio and step up its activities in central and southern Africa. At 12.38p, the shares are high-risk but have speculative potential.

Robert Tyerman

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Central African Mining & Exploration Company	AIM	£207.62m	8.75p	-3.25p
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Other company articles:
Miners wait for the call			31/03/2008
Still scrambling for Africa			07/02/2008
CAMEC plans new Congo deal			07/02/2008
Congo miners plan £2bn merger			06/11/2007
Exploration Insights			05/10/2007

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