Ramco raises funds for Seven Heads development.

Exploration company Ramco has raised £9.2m (€13m) through an institutional placing of 2,620,000 new ordinary shares of 10p each, at a price of 350 pence per share.

Ramco raises funds for Seven Heads development.

Exploration company Ramco has raised £9.2m (€13m) through an institutional placing of 2,620,000 new ordinary shares of 10p each, at a price of 350 pence per share.

An application has been made to the Alternative Investment Market for the new ordinary shares to be admitted and it is expected that trading will begin tomorrow.

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