Angus Energy plc has conditionally raised £3 million, via a placing and subscription of 1.5 billion new ordinary shares, at 0.2p per share, to support a restructuring agreement with its lenders. CREDITORS Net proceeds will help pay for a fourth well at the Saltfleetby gas field in East Lincolnshire, and the well workover at Brockham […]
Tag: directors' dealings
UKOG sells entire Horse Hill stake for £1m
UK Oil & Gas plc has agreed a £1 million sale of its 85.635% interest in the Horse Hill field and its PEDL137 licence, located near Gatwick Airport in Surrey, to London-based energy B plc. The Aquis-listed company raised £1.2m for the acquisition, through a placing of 9,479,200 ordinary shares at £0.12 per ordinary share, […]
Tertiary raises £1m
Tertiary Minerals plc has raised £985,000 through a placing of 1.97 billion new ordinary shares of 0.01 pence each in the company, at 0.05p per share. TVRs The placing shares will be issued under the company’s existing share issue authorities. Institutional investors and high net worth individuals participated in the placing, which is at a […]
Sunda investors back capital reorganisation
Sunda Energy plc has received shareholder support for a capital reorganisation, which results in 34,501,863,365 ordinary shares reduced to 345,018,634 new ordinary shares. DIRECTORS Shareholders also approved admission of 26,890,755 conditional subscription shares and 13,606,029 retail offer shares, from fundraises earlier this month. Sunda is also now authorised to grant 28,571,426 subscription warrants and 6,802,977 […]
Reabold raises £687,000
Reabold Resources plc has raised £686,800 via a conditional subscription for 686,800,000 new ordinary shares of 0.1 pence each in the company, at 0.1 pence per share. DIRECTORS The company has also proposed a share consolidation, subject to shareholder approval. The subscription adds to the £1.51 million and £1.9m raised during March 2026, and takes […]
Sunda raises £6.7m to diversify into New Zealand
Sunda Energy plc has conditionally raised up to £6.7 million to buy production and exploration permits, onshore Taranaki Basin on the west coast of New Zealand’s North Island. TVRs The fundraise involved Alumni Capital’s firm subscription which raised £900,000 at 0.02975 pence per share Alumni Capital also provided a convertible loan note for £4,250,000, conditional […]