Scandoil  

Africa Oilfield Logistics Limited conditionally raises £7.0 million


Published Jul 18, 2014
[an error occurred while processing this directive]

Edit page New page Hide edit links

Africa Oilfield Logistics-2

Africa Oilfield Logistics Ltd has conditionally raised approximately £7.0 million (approximately US$12.0 million) before expenses by way of the issue of 77,800,000 new ordinary shares in the Company (the “Shares”) at a price of 9.0 pence per Share (the “Fundraising”).

Use of Proceeds

The net proceeds of the Fundraising, in conjunction with the Company’s existing cash resources, are to be applied mainly to the growth initiatives of the Company’s primary investment, Ardan Risk & Support Services (“Ardan”). These include:

Tags: Africa Oilfield Logistics




Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml