Director Subscriptions
Botswana, is pleased to announce that
Ben Turney and
Mike Moles, directors of the Company, have participated in a subscription for 1,090,911 New Ordinary Shares in the Company on the same terms at the placing announced on Monday 5 July raising gross funds of
£60,000 (the Director Subscription ).
This takes the total gross funds raised by the Company in the Placing and Director Subscriptions to
£2,000,000.
The Director Subscription
Ben Turney has subscribed for 727,274 New Ordinary Shares in the Company (363,637 in his name and 363,637 through Dynamic Investor Relations, a private company that
Mr Turney owns 70% of).
Mike Moles has subscribed for 363,637 shares.
and Petro Matad Limited (AIM: Matad) ( Petro Matad , the Company ), t he AIM quoted Mongolian oil company , is pleased to announce the launch of an Open Offer to raise up to approximately US$2 million. Open Offer
On 15 July 2021, the Company announced that it had conditionally raised approximately US$10.4 (before expenses) from the following sources: • a firm placing of 155,240,612 Placing Shares at the Issue Price to existing and new institutional investors by way of an accelerated bookbuild conducted by the Joint Bookrunners on behalf of the Company to raise approximately US$7.5 million; • a firm placing of 14,285,714 Retail Shares at the Issue Price to existing and new retail investors to raise approximately US$0.7 million; and
Mongolia: Petro Matad announces launch of Open Offer to raise USD 2 million energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
Petro Matad announces results of fundraise
16 Jul 2021
Petro Matad, the AIM quoted Mongolian oil company, has announced that following the accelerated bookbuild which was announced on 14 July 2021, the Company has conditionally raised gross proceeds of US$ 9.7 million through the oversubscribed placing of, and subscriptions by a director and shareholder of the Company for, 200,624,830 new Ordinary Shares at a price of 3.5p per share.
The Company has also announced that, following the further announcement made yesterday regarding the launch of a proposed retail offering via PrimaryBid, it has successfully conditionally placed 14,285,714 new Ordinary Shares at the Placing Price, raising gross proceeds of approx. US$0.7 million.
Investegate |NQ Minerals PLC Announcements | NQ Minerals PLC: Equity Issue investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.