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Rambler raises US$3m for Ming sustained production

Lombard Odier Asset Management will hold 12.82% interest after private placement

Jacqueline Holman
Rambler will use the proceeds of the placement to sustain the Ming mine's production at 1,250tp

Rambler will use the proceeds of the placement to sustain the Ming mine's production at 1,250tp

It has agreed to issue 44.4 million ordinary shares at 5p each to discretionary asset manager Lombard Odier Asset Management, which already owns a 5.78% share in Rambler. The transaction subject to...

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