TomCo Energy (GB:TOM) has released an update.
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TomCo Energy has announced interim results for the first half of 2024 and the resumption of trading of its shares on AIM following a suspension. The company is refocusing efforts after the loss of its CEO and is working on securing financing for its tar sands project in Utah. Proceeds from selling its stake in Tar Sands Holdings II will support working capital and potential new projects.
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