Edenville raises £2m to advance Rukwa project to production

February 20, 2017

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Aim-listed Edenville Energy has raised £2-million through an oversubscribed subscription of 250-million new ordinary shares at 0.8p apiece. The company also issued 125-million warrants to the subscribers on the basis of one warrant for every two new ordinary shares, exercisable at 1.08p per warrant, at any time over the next 18 months.

Category: General