Mirriad shares bounce 8% as funding talks continue, but risks remain high

  • Shares in MMirriad Advertising PLC (AIM:MIRI, OTCQX:MMDDF) jumped 8% on Thursday morning after the company said talks with potential investors about a lifeline fundraise were still ongoing. The in-content advertising specialist said it had received initial indications of interest from some investors willing to support a possible equity raise, but cautioned there were no guarantees that any funding would materialise.