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Phoenix Copper Ltd (AIM:PXC, OTCQX:PXCLF, FRA:5HR) said it plans to raise around £2.3 million through a placing and subscription at a steep discount, while warning that further funding will still be needed before the end of September. The AIM-listed Idaho copper developer is proposing to...
More than $1 million in unauthorized payments were made to a corporate finance advisory firm owned by the chairman, the company said.
Leadership suspensions and a boardroom departure triggered sharp sell-offs at two market minnows this week, with interim management of both businesses left with the tricky task of restoring investor confidence. Phoenix Copper Ltd (AIM:PXC, OTCQX:PXCLF, FRA:5HR) has lost almost half its market...
Shares in Phoenix Copper Ltd (AIM:PXC, OTCQX:PXCLF, FRA:5HR) fell 45% to 1.1p after the US-focused base and precious metals producer said it had suspended its executive chairman and chief financial officer with immediate effect. In a stock exchange statement, Phoenix said chair Marcus...
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