20th Aug 2024 19:02
Reabold Resources PLC - Investor in "low-risk, near term" oil and gas projects - Increases stake in LNEnergy Ltd by 1.0% through subscription of 17 new ordinary shares at GBP12,047 per share worth about total GBP205,000. Reabold now owns about 27.1% of LNEnergy share capital. Further, LNEnergy grants Reabold warrant with six month exercise period to subscribe in cash for further shares at GBP12,047 each worth about total GBP747,000. If exercised would give Reabold a 30.6% interest. Read More
