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Bahamas Petroleum Funding Agreements for up to US$20 million - Vimarsana News

Bahamas Petroleum Funding Agreements for up to US$20 million

Bahamas Petroleum Funding Agreements for up to US$20 million Bnamericas Published: Monday, December 14, 2020 You have reached your limit of free pageviews this month (5/5) Request a free demo and find thousands of business opportunities in Latin America. Make decisions with valuable and relevant information about your industry. Request a free demo and find thousands of business opportunities in Latin America. Make decisions with valuable and relevant information about your industry. Name* Phone* 9,000+ projects in Latin America 22,000+ global companies that do business in the r...

Funding Agreements for up to US$20 million, 14 Dec 2020 01:00 - Vimarsana News

Funding Agreements for up to US$20 million, 14 Dec 2020 01:00

  Highlights: ·    BPC has entered into agreements with a leading European alternative asset manager, under which BPC has the potential to access gross funding of £15 million (US$20 million)   ·    Under the terms of a funding agreement entered into, BPC will immediately receive gross proceeds of £7.5 million (US$10 million) through the issue of 375,000,000 new ordinary shares at a price of 2.0p each ("Funding Agreement")   ·    Alongside the Funding Agreement, BPC has also entered into an option agreement, whereby BPC has an option, at its sole discretion, to raise up to...