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PowerHouse Energy Raises GBP250,000 In Share Placing (ALLISS)

23rd Feb 2016 14:52

LONDON (Alliance News) - PowerHouse Energy Group PLC on Tuesday said it has raised GBP250,000 through the placing of 35.7 million shares at 0.7 pence each.

The proceeds of the placing will be used for working capital purposes.

Shares in PowerHouse Energy were trading down 11% at 0.8p on Tuesday afternoon.

By Karolina Kaminska; [email protected] @KarolinaAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.


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