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Prospex Energy announces conditional placing and subscription to raise GBP 2.395 million

Prospex Energy has raised ยฃ2.395 million before expenses, through a conditional placing and subscription. Proceeds will be used to acquire 20% of the Selva Field in Italy, more than doubling the companys current holding, and fund the development costs of the Selva project to first gas expected in Q1 2023.
Mark Routh Prospex Energy Directors Of The Company Peterhouse Capital Ltd Ordinary Shares Selva Field

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