Finance News Oil & Gas

Union Jack raises £3m via placing

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Union Jack Oil plc has raised £3 million by way of a placing of 13,636,364 new ordinary shares of 5 pence each at a price of 22 pence per new ordinary share.  

USES

Funds raised will be mainly used at the company’s onshore hydrocarbon projects in Wressle and Biscathorpe. 

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One Reply to “Union Jack raises £3m via placing”

  1. Pingback: Union Jack decides against further 25% in Claymore Piper - Extractive Industries

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