Angus Energy plc has signed a heads of terms for a further six-month bridge loan of £6 million. USES The company added that the previous £3m debt facility from March 2023 had been rolled according to its terms for a further three months. Terms of the £6m facility will be agreed next week. Funds will […]
Tag: finance
Baron Oil raises £1.65m
Baron Oiplc said it had conditionally raised £1.65 million (before expenses) by way of a placing and subscription. The oversubscribed fundraise was for 2,750,000,000 new ordinary shares of 0.025p each at 0.06 pence per share. DIRECTOR PARTICIPATION Chief executive Andrew Yeo subscribed for 16,150,000 new ordinary shares at the issue price. Director Position New Ordinary […]