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Borders & Southern Petroleum Launches £0.2m Retail Share Offer

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Borders & Southern Petroleum Launches £0.2m Retail Share Offer

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Borders & Southern Petroleum ( (GB:BOR) ) has provided an announcement.

Borders & Southern Petroleum has announced a retail offer to raise up to £0.2 million by issuing new Ordinary Shares to existing retail shareholders. The proceeds will fund various company expenses including license fees and the advancement of the Darwin project, with significant implications for the company’s operational progress.

More about Borders & Southern Petroleum

Borders & Southern Petroleum plc is an independent oil and gas company based in London, focusing on offshore assets located near the Falkland Islands.

YTD Price Performance: 120.72%

Average Trading Volume: 2,913,264

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £41.57M

For detailed information about BOR stock, go to TipRanks’ Stock Analysis page.

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