Predator Oil & Gas Holdings plc has conditionally placed 40 million new ordinary shares of no par value in the company at 5 pence each to raise £2m with a single institutional investor. The company said that the placing was significantly oversubscribed and utilised some of its existing headroom shares under the Financial Conduct’s Authority prospectus regulation rules. A total […]
Tag: placing
Red Rock raises £200,000 via placing
Red Rock Resources plc has raised £200,000 by placing 597,014,925 new ordinary shares at 0.0335 pence per share. Following admission, Red Rock’s issued ordinary share capital will comprise 5,655,797,411 ordinary shares, each with voting rights. The company holds no shares in treasury. Proceeds will be for year-end accounting costs, acquisition and transport of gold mining […]
Conroy to raise £259,000 in discounted fundraise
Conroy Gold and Natural Resources plc is to raise £259,000 via a 27% discounted placing and subscription for a total 5,452,631 ordinary shares in the company. DIRECTORS The placing raised £87,500 through the issue of 1,842,105 new ordinary shares of €0.001 each at a price of 4.75 pence. The subscription of 3,610,526 new ordinary shares […]
Borders & Southern raises £1.5m
Borders & Southern Petroleum plc has raised £1.5 million before expenses by issuing 100m new ordinary shares at a 16.67% discounted price of 1.5 pence per new ordinary share. DIRECTORS DEALINGS The fundraise comprised placing 69,666,666 ordinary shares and subscription of 30,333,334 ordinary shares. Non-executive chairman Harry Dobson subscribed for 28m shares taking his total […]
Clontarf raises £450,000 via placing
Clontarf Energy plc has raised £450,000 before expenses via a placing of one billion new ordinary shares of 0.01p each in the company at a price of 0.045p per placing share. The placing shares represent approximately 12.2% of Clontarf’s enlarged issued share capital. Following admission, the company will have 8,193,326,117 ordinary shares in issue, each with the right […]
UKOG raises £248,204 via retail offer
UK Oil and Gas plc has raised approximately £248,204 via a retail offer for 496,408,000 new ordinary shares of £0.000001 each in the company, at 0.05 pence per share. The funds raised add to the company’s 37% discounted placing on 5 August, which raised £1 million at the same price per share. Issue of shares is […]