Arkle Resources Secures Funds for Lithium Exploration
Company Announcements

Arkle Resources Secures Funds for Lithium Exploration

Arkle Resources PLC (GB:ARK) has released an update.

Arkle Resources PLC, an Irish company specializing in Gold and Zinc resources discovery, has announced a successful fundraising effort through the placement of 108,000,000 new ordinary shares, raising £270,000 to finance its Lithium exploration program and other corporate activities. Directors John Teeling and David Cockbill contributed to the placement, further aligning their interests with those of the company. The new shares, which come with warrants, are expected to begin trading on the AIM market of the London Stock Exchange around May 9, 2024.

For further insights into GB:ARK stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskArkle Resources Advances Exploration Amid Market Optimism
TipRanks UK Auto-Generated NewsdeskArkle Resources Expands Lithium Exploration in Africa
TipRanks UK Auto-Generated NewsdeskArkle Resources Kicks Off Drilling at Stonepark
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App