Rome Resources receives subscription funds from Stanvic

(Sharecast News) - Democratic Republic of the Congo-focussed tin explorer Rome Resources announced the receipt of subscription funds from Stanvic on Friday, as part of its strategic investment initiative. The AIM-traded firm, formerly known as Pathfinder Minerals, said that, following the receipt of the funds, it expected the admission of the corresponding subscription shares to trading on the AIM market at 0800 GMT on or around 30 December.

Its board confirmed that the timeline took into account upcoming bank holidays.

At 1035 GMT, shares in Rome Resources were down 0.29% at 0.34p.

Reporting by Josh White for Sharecast.com.