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Blencowe Resources Raises GBP3 Million via Share Placing

MT Newswires·12/11/2025 06:08:41
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06:08 AM EST, 12/11/2025 (MT Newswires) -- Blencowe Resources (BRES.L) raised 3 million pounds sterling through a share placing to advance its Orom-Cross graphite project in Uganda. The UK-listed natural resources company placed 42,857,140 ordinary shares at 0.07 pound apiece, according to a Thursday release. The new shares are expected to start trading on Dec. 16.