IN BRIEF: Empyrean Energy rise after loan note conversion
Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - Receives conversion notice on 18.8 million shares at 8 pence per share, for GBP1.5 million, as part of convertible loan note agreement signed in late December. Still owes GBP1.5 million on convertible note, which matures on December 16, 2022, and was originally signed with a Melbourne-based lender for GBP4.0 million. Read More