Alexander Mining Plc announces acquisition

  • Dec 20, 2019 GMT
  • Team Kalkine
  • The company proposes to acquire eLight Group Holdings Ltd
  • The consideration for the acquisition is £6 million
  • The company has also raised £2 million through placement of ordinary shares. This will be utilised to part finance the acquisition.
  • On 20th December 2019, the stock of AXM was trading at GBX 0.04 at GMT 09:25 AM, up 0.02 points or 63.64% from its previous close.

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