New mining company backed by Volkswagen and Glencore taps retail investors for cash
Retail investors are being offered the chance to buy shares in a fundraising by a UK-listed mining outfit looking to produce metals for electric vehicles.ACG Acquisition Company (ACG) was launched in October 2022 as a SPAC (special purpose acquisition company) otherwise known as a cash shell. These are listed vehicles which have no assets apart from cash and are set up with the intention to...
