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Serinus Energy Secures £0.67 Million in Successful Fundraising
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Serinus Energy Secures £0.67 Million in Successful Fundraising

Story Highlights
  • Serinus Energy raised £0.67 million through a Retail Offer and Placing.
  • The funds aim to strengthen the company’s financial position with new shares trading by January 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Serinus Energy ( (GB:SENX) ) has issued an update.

Serinus Energy PLC announced the successful completion of a fundraising initiative, securing £0.67 million through a Retail Offer, Placing, and Subscription. The funds, raised at 2.5 pence per share, involve significant participation from company directors and are aimed at strengthening the company’s financial position, with the new shares set to commence trading on AIM by January 2025.

More about Serinus Energy

Serinus Energy is an international upstream oil and gas exploration and production company with operations in Tunisia and Romania.

YTD Price Performance: -8.00%

Average Trading Volume: 376,566

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £2.78M

Learn more about SENX stock on TipRanks’ Stock Analysis page.

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