PXCPhoenix Copper Limited
0.6250GBP-3.10%Mkt Cap: 2.39M $P/E:

Phoenix Copper Limited, together with its subsidiaries, engages in the exploration and mining activities for precious and base metals in North America. It primarily explores for copper, zinc, gold, lead, tungsten, cobalt…

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Phoenix Copper shares drop on discount equity raise

Phoenix Copper Ltd (AIM:PXC, OTCQX:PXCLF, FRA:5HR) said it plans to raise around £2.3 million through a placing and subscription at a steep discount, while warning that further funding will still be needed before the end of September. The AIM-listed Idaho copper developer is proposing to...

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Phoenix Copper fires chairman, CFO after misconduct probe

More than $1 million in unauthorized payments were made to a corporate finance advisory firm owned by the chairman, the company said.

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SMALL-CAP MOVERS: Difficult week for two of AIM's minnows

Leadership suspensions and a boardroom departure triggered sharp sell-offs at two market minnows this week, with interim management of both businesses left with the tricky task of restoring investor confidence. Phoenix Copper Ltd (AIM:PXC, OTCQX:PXCLF, FRA:5HR) has lost almost half its market...

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Phoenix Copper shares drop after suspension of chairman and finance chief

Shares in Phoenix Copper Ltd (AIM:PXC, OTCQX:PXCLF, FRA:5HR) fell 45% to 1.1p after the US-focused base and precious metals producer said it had suspended its executive chairman and chief financial officer with immediate effect. In a stock exchange statement, Phoenix said chair Marcus...

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