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IN BRIEF: Georgina Energy completes GBP1.3 million fundraise

24th Aug 2026 19:29

Georgina Energy PLC - helium, hydrogen and natural gas exploration and development company - Raises GBP1.3 million through the issue of 10 million shares at a placing price of 12.5 pence each. Investors will also receive one warrant per placing share at an exercise price of 14 pence expiring five years from admission. Proceeds will be used for the Hussar drilling programme in Western Australia and general working capital.

Current stock price: 14.15 pence, down 2.4% in London on Monday

12-month change: more than doubled from 5.75p

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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