Petrel Resources raises GBP250,000 in placing; to discuss Merjan plans lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
Petrel Resources has arranged a placing to raise £250,000 (before expenses). The proceeds of the placing will provide the company with additional working capital, as Petrel s board continues to assess new projects in Iraq, and advance its Ghanaian interests.