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RNS Number: 6762 H Petro Matad Limited 05 August 2021 THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY PETRO MATAD LIMITED TO CONSTITUTE.
Petro Matad Limited (AIM:MATD) | RNS | Petro Matad Ltd - Receipt of subscription funding and loan repayment proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
and Petro Matad Limited (AIM: Matad) ( Petro Matad , the Company ), t he AIM quoted Mongolian oil company , is pleased to announce the launch of an Open Offer to raise up to approximately US$2 million. Open Offer
On 15 July 2021, the Company announced that it had conditionally raised approximately US$10.4 (before expenses) from the following sources: • a firm placing of 155,240,612 Placing Shares at the Issue Price to existing and new institutional investors by way of an accelerated bookbuild conducted by the Joint Bookrunners on behalf of the Company to raise approximately US$7.5 million; • a firm placing of 14,285,714 Retail Shares at the Issue Price to existing and new retail investors to raise approximately US$0.7 million; and