on Hot Rocks Investments Plc (isin : GB00B1WV3198)
Hot Rocks Investments plc: Equity Issuance and Portfolio Expansion
Hot Rocks Investments plc has issued 15 million new ordinary shares at a price of 0.4p per share, raising £60,000. This move is part of the company's strategy to diversify and strengthen its portfolio. Recently, HRIP acquired a position in Oscillate plc. The directors are also evaluating a new potential investment in the digital payments sector.
The company holds positions in various entities, including D3 Energy, Elephant Oil Corp, and Minergy Limited, among others. Additionally, HRIP maintains a healthy cash balance, which could be used for future investment opportunities.
With the recent share issuance, the total number of ordinary shares now stands at 188,602,222. For further inquiries, stakeholders can contact Gavin Burnell or Vishal Balasingham at the provided contact numbers.
R. H.
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