Sefton Resources Inc. (LSE: SER; OTC: SFNRF) issued an update on its equity financing facility and operations in California and Kansas.
Sefton raised US $109,930 (70,500 British pounds) before costs through its existing US $23.3 million (15 million British pounds) equity financing facility with Darwin Strategic Ltd., a majority owned subsidiary of Henderson Global Investors’ AlphaGen Volantis Fund.
Issue of Equity
The company raised US $109,930 (70,500 British pounds) following a subscription for 16 million new common shares of no par value in the company by Darwin. The subscription ...