13th Feb 2024 09:53
Empyrean Energy PLC - Subiaco, Australia-based oil and gas developer with projects in China, Indonesia and the US - Raises GBP700,000 through the placing of 280.0 million new shares at a price of 0.25p each. Those subscribed to the placing will also receive one warrant, exercisable at 0.5p for every two placing shares subscribed for. The issue price of 0.25p represents a 21% discount to Empyrean's Monday closing share price of 0.315p, and a 27% discount to the volume weighted average price of 0.343p for the ten-days prior. Read More
