tiprankstipranks
Trending News
More News >

Borders & Southern Secures £1.5M for Darwin Project

Borders & Southern Secures £1.5M for Darwin Project

Borders & Southern Petroleum (GB:BOR) has released an update.

Confident Investing Starts Here:

Borders & Southern Petroleum has successfully raised £1.5 million to further develop its Darwin Gas Condensate discovery, with significant investment from its own board of directors. The fundraising involved issuing 100 million new shares at a discounted price, with plans to use the proceeds for license fees, technical studies, and general administrative expenses to advance the Darwin project. The company is actively seeking a partner to move the Darwin project into the appraisal stage and has engaged a new international advisor to assist with this effort.

For further insights into GB:BOR stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App