Jangada Mines PLC (AIM:JAN) First Day of Dealings on AIM

Brian McMaster talks to Share Talk about today's IPO.

Jangada Mines plc, a natural resources company developing South America's largest and most advanced platinum group metals ('PGM') project, is pleased to announce that its ordinary shares have commenced trading on AIM at 8 a.m. today under the ticker JAN ("Admission"). As part of the Admission process, the Company has raised £2.25 million, before expenses, through an oversubscribed Placing of 45,000,000 new ordinary shares at a placing price of 5p each implying a market cap of £9.9 million on Admission.