Borders & Southern Petroleum plc has issued 355,250 new ordinary shares of one pence each, following a warrants exercise at a price of 10 pence per warrant share, for a total £35,525. TVRs Following admission, the company’s total issued share capital will comprise 878,812,161 ordinary shares, each with voting rights. Borders does not hold any ordinary shares in […]
Tag: South Falkland Basin
Borders issues 500,000 shares in warrant exercise
Borders & Southern Petroleum plc has issued 500,000 new ordinary shares of one pence each following notice to exercise warrants at 1.5p per warrant share, for £7,500. TVRs Following admission, the company’s total issued share capital will comprise 878,130,245 ordinary shares, each with voting rights. Borders does not hold any ordinary shares in treasury. The company […]
Borders increases fundraise to £2.2m
Borders & Southern Petroleum plc has raised £200,000 through the issue of 4,210,526 shares at 4.75 pence each in a retail offer “almost three times oversubscribed”. SOUTH FALKLAND The funds raised add to the company’s placing and subscription last week, taking the total to £2.2 million. Following admission, Border’s total number of ordinary shares in […]
Borders raises £2m via placing-subscription
Borders & Southern Petroleum plc has raised gross £1,860,000 via a 3% discounted placing of 39,157,895 new ordinary shares and £140,000 through a subscription for 2,947,368 new ordinary shares. DIRECTORS The placing, at 4.75 pence per share, is with “various UK and European institutional investors”, directors, management as well as existing and new sophisticated investors. […]
Borders issues 500,000 shares in warrant exercise
Borders & Southern Petroleum plc has issued 500,000 new ordinary shares in the company following an exercise of warrants over 500,000 new ordinary shares of 1 pence each. DARWIN The exercise price of 1.5 pence per warrant share gives the company an aggregate £7,500. Following admission, Borders’ total issued share capital of the company will […]
Borders given more time for Falkland licences
Borders & Southern Petroleum plc has been granted two further years for its three offshore production licences, including the Darwin discovery area, in the South Falkland Basin. APPRAISAL PL018, PL019 and PL020, due to expire at the end of this year, are now valid until 31 December 2026. The company continues its search for a […]