Reabold Resources in talks regarding 'significant' placing

AIM-listed Reabold Resources confirmed on Thursday that it is in discussions regarding a "significant" placing.

The company noted the movement in its share price a day earlier and said the placing would be to provide additional funds to invest in accordance with its investing policy.

A further announcement will be made as and when appropriate.

At 0910 BST, the shares were down 7.8% to 0.53p.