Further to the Company s announcement of 4 July 2022, Angus Energy has announced that following receipt of the subscription funds it has now completed the subscription to raise gross proceeds of £1,000,000. This completes the Subscription originally announced on 24 May 2022 for a total of £6million.
Angus Energy has announced that following receipt of the subscription funds it has now completed the subscription to raise, in aggregate, gross proceeds of £3,000,000.
AIM-listed Angus Energy has executed a share purchase agreement to acquire the entire issued share capital of the Company s current joint venture partner in the Saltfleetby Project, Saltfleetby Energy, which owns a 49% working interest in the Project thereby giving Angus Energy a 100% interest in the Project.