25th Jul 2016 08:40
LONDON (Alliance News) - SDX Energy Inc on Monday said it has completed the second tranche of its private placement which was first launched with its stock-market float in London in May.
In May, Egypt-focused oil and gas firm SDX raised GBP7.6 million by issuing 42.2 million shares at 18.00 pence per share on London's AIM market.
On Monday, it said it has now placed another 3.9 million shares at the same price, raising another GBP702,000.
SDX shares were up 3.5% to 20.95p Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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