Source - SMW
Edenville Energy said it had raised £0.3m through the placing of shares in an effort to accelerate mining and processing by acquiring new trucks and increasing shifts at the Rukwa coal project plant to raise productivity.  

The company placed 600m shares new shares at a price of 0.05p a share through Brandon Hill Capital.

'The gross proceeds of the Placing will be used to supplement the company's working capital following the decision to accelerate mining and processing by acquiring new trucks and increasing shifts at the wash plant to increase overall productivity,' the company said.  


At 8:03am: (LON:EDEN) Eden Research plc share price was 0p at 9.9p



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