MetalNRG PLC - London-based natural resources and energy-focused investor - Announces a subscription for 246.3 million shares at 0.1 pence each, raising £246,341. The price represents a premium of 60% to the closing mid-market price of 0.0625p per share on Tuesday. Net proceeds will be used to further advance potential acquisitions, including due diligence and advisory costs, and for general corporate purposes leading up to and including any proposed reverse takeover transaction.

Current stock price: 0.080 pence

12-month change: up 14%

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