20th Sep 2018 18:33
LONDON (Alliance News) - Clontarf Energy PLC on Thursday said it has raised GBP500,000 via a 135.1 million share placing.
The placing price for these shares, which represent 19% of its newly enlarged capital, was 0.37 pence each.
Proceeds will find the company's negotiations over its Ghanaian assets, as well as
providing additional working capital.
Clontarf's shares in issue will total 717.0 million once these are admitted.
The company's shares closed down 20% on Thursday at 0.41p each.
Related Shares:
Clontarf