Investegate |Petro Matad Ltd Announcements | Petro Matad Ltd: Launch of Open Offer
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 Bookrunn...