21/01/2008
Fresh from a £61 million funding for its Jabali mine in Yemen, ZincOx Resources has attracted another £20.4 million for zinc recycling.
Headed by mining entrepreneur Andrew Woollett, the AIM-quoted company has raised the money in a placing at 262p, handled by broker Numis, and will use it to develop its business in recycling tailings from old zinc mines by extracting minerals from them.
ZincOx, whose shares were recommended here at 129p in 2005 and have tumbled from last July’s 427.5p high to 267p, recently clinched a £61 million financing deal for its Jabali zinc mining operation in Yemen.
Hold on.
Growth Company Investor is the UK’s leading authority on small-cap and AIM companies. You can gain immediate access to all the recent share recommendations with no obligation, with a free 30-day trial. Click here to join today.
Related Articles:
|
| 14/05/2008
|
| 12/05/2008
|
| 11/04/2008
|
| 08/04/2008
|
| 04/04/2008
|
People who read this article also read ...
|
| 04/02/2008
|
| 14/01/2008
|
| 27/06/2007
|
| 20/03/2007
|
| 17/08/2006
|
| AIM | £24.05m |
31.00p
|
-0.50p
|
|
| Other company articles: |
| 28/04/2008 |
| 29/02/2008 |
| 21/01/2008 |
| 14/01/2008 |
| 09/08/2007 |
Compare Over 1100 UK Saving Accounts
Arrow1066 provides a savings tool and guide to compare over 1100 UK bank, building society & online savings accounts. Compare interest rates & see how much extra you could earn.
