Alliance Energy Ltd
Has secured the backing of a new major shareholder, Abbotsleigh Pty Ltd, - which now has a 19.9% shareholding in Alliance after taking up a placement of 13 million shares. The $520,000 placement has absorbed the shortfall from Alliance's recent nonrenounceable issue to shareholders.
Carparthian Resources Ltd
UK subsidiary, QuikTrak Networks plc, has placed 1,250,000 ordinary shares at a price of 40p each (GBP 500,000) with Jubilee Investment Trust plc on a share swap basis. Jubilee's holding will represent approximately 3% of QuikTrak Networks plc share capital following the issue of the new shares.
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