SolGold said it had entered agreements to place almost 22 million shares at £0.035 per share with UK institutional and other third-party investors, raising AUD1.14m in the process. The company said it intended to use the funds to continue its exploration and project development efforts across projects in the Solomon Islands, Ecuador and Australia.
Edenville Energy, the African energy exploration and development company, rose 5% on Monday morning after it announced "very encouraging" results from analysis of its Mkomolo deposit on the Rukwa Coalfield project in south western Tanzania. The company said he results would have a positive impact on its resource statement when it is updated in 2013.
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‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
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MPs warn over Lifetime ISAs which could leave savers out of pocketThe Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
