Waste energy group Kedco has generated £0.403m after placing 31m new ordinary shares at 1.3p each. The proceeds of the placing will be used for working capital purposes and for continuing investment in the company's portfolio of biomass electricity and heat generation projects. Shares fell 18.75% to 1.62p.
Gold exploration firm Condor has discovered a wide high grade gold intercept on the India-California structure on La India Vein Set. The India Vein and California Vein are only 25m apart at this intercept, indictating the potential for open pit mining. The most significant results came from the intersection of a third vein, the Natalia Vein, which was intersected in six of the nine drill holes with a best intercept of 8m drill depth at 4.22g per tonne gold from 42m. Shares gained 3.85% to 6.76p.
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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”
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FCA reveals 'once in a generation' advice changes - what the reforms mean for youConsumers to get free access to financial advice type help for pensions and investment following proposed changes from the regulator
