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Prospex Oil and Gas ( (GB:PXEN) ) has shared an announcement.
Prospex Energy PLC has announced a retail offer through the Winterflood Retail Access Platform to raise up to £500,000 by issuing new ordinary shares at 4.5 pence each. This initiative follows a successful placing and subscription that raised over £1 million, with the funds from both efforts intended for similar uses. The retail offer is designed to engage existing UK retail shareholders and is conditional on the admission of placing and subscription shares to the AIM Market of the London Stock Exchange.
More about Prospex Oil and Gas
Prospex Energy PLC is an AIM-quoted company focused on investing in European gas and power projects.
Average Trading Volume: 972,065
Technical Sentiment Signal: Sell
Current Market Cap: £19.12M
For a thorough assessment of PXEN stock, go to TipRanks’ Stock Analysis page.