Connemara Mining has announced it intends to sell 5,250,000 new shares at 20p in order to increase its drilling operations.

Connemara Mining, the AIM listed zinc exploration company, has raised £1.06m through a placing of 5,283,000 new ordinary shares of €0.01 each at a price of 20 pence per ordinary share.

CONNEMARA Mining, the Irish zinc and lead exploration company, has reported a significant lowering in its full-year losses and is set to raise funds through an additional share placing to progress work at its main asset in Limerick.

A DISPUTE between the six adult children of the late Judge Noel Ryan over the management of €15 million in property assets acquired by their parents and themselves is to go to mediation.