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IN BRIEF: Predator Oil launches fundraise for compressed natural gas

12th May 2023 14:40

Predator Oil & Gas Holdings PLC places - Jersey-based oil and gas company with near-term gas operations in Morocco - Issues 19.1 million new ordinary shares to raise GBP1.4 million at a price of 0.057 pence each. Placing is to advance an investment for a compressed natural gas development.

Receives aggregate GBP1.6 million from exercise notices from Executive Chair Paul Griffiths and Managing Director Lonny Baumgardner for 11.2 million and 7.9 million shares respectively.

Current stock price: 6.60 pence, down 2.9%

12-month change: down 27%

By Sabrina Penty; Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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Predator Oil
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