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Patagonia to clean up shares

£40m market cap company has 23 billion shares on issue and wants that to change

Staff reporter
Time to turn off the flow: with 23 billion shares and counting, Patagonia Gold wants to clean up its shares on issue

Time to turn off the flow: with 23 billion shares and counting, Patagonia Gold wants to clean up its shares on issue

The miner has 2.3 billion shares on issue and a current price of £0.0165 (US$0.024) per share following a December placing to pay for the Calcatreu project in Argentina. The 775-million share issue...

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