Europa Oil & Gas (Holdings) plc has conditionally raised £7.02 million, before expenses, to fund a new acquisition in the North Sea. DISCOUNT The company added that this was at a 21.7 % discount to the 30-day volume weighted average share price on 2 March 2022. A Primary Bid offer, announced yesterday, is a separate and distinct offer, […]
Tag: placing
Angus raises £750,000 via discounted placing
Angus Energy plc said it today raised £750,000 through the placing of 115,384,611 ordinary shares to certain institutional and other investors at 0.65 pence per share. The placing price represents a discount of approximately 10.3% to the closing price of 0.725 pence per ordinary share on 2 December 2021. USES Proceeds will go towards its […]
Horizonte raises £147.4m via placing
Horizonte Minerals plc said it had raised approximately £147.4 million (US$197m) through a placing, an offering and subscriptions. The equity fundraise comprises: . 606,123,712 new ordinary shares in a UK placing, raising some £42.4m · 126,072,398: Canadian offering (£8.8m) · 74,738,416: Glencore subscription (£5.2m) · 533,845,825: Orion subscription (£37.4m) · 759,128,764: Mancha subscription (£53.2m)
Altona raises £1.25m from placing
Altona Rare Earths plc has raised £1.25 million before expenses from a “significantly over subscribed” placing. Funds raised will be used for evaluating and developing projects in Africa.
Chesterfield raises £800,000 via placing
Chesterfield Resources plc raised £800,000 from a placing of 8,000,000 new ordinary shares with new and existing investors at 10 pence per placing share. The revised figure is an increase from the amount announced last Thursday (1 July) of £750,000. The new ordinary shares will represent 7.8% of the issued ordinary share capital of Chesterfield prior to the […]
EnQuest plans to raise £36m for Golden Eagle
EnQuest plc today proposed a firm placing, placing and open offer to help finance its planned acquisition of a 26.69% non-operated equity interest in the Golden Eagle Area Development in the UK Central North Sea. The area comprises the producing Golden Eagle, Peregrine and Solitaire fields. The company intends to raise gross proceeds of up […]