UKOG has announced it has successfully raised £4.2M of equity via an equity placing at a price of 0.2p. This follows the successful placing of £1.275M at the same price on 28 April 2020.
The company also announced that it has repaid its convertible debt due to Riverfort Global Opportunities PCC Limited and YA II PN Ltd making the company debt-free.
04 Jun 2020
WHI First Light: UK Oil & Gas (UKOG)
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WHI First Light: UK Oil & Gas (UKOG)
UK Oil & Gas Plc (UKOG:LON) | 0.1 0 0.0% | Mkt Cap: 2.25m
- Published:
04 Jun 2020 -
Author:
Brendan Long -
Pages:
5
UKOG has announced it has successfully raised £4.2M of equity via an equity placing at a price of 0.2p. This follows the successful placing of £1.275M at the same price on 28 April 2020.
The company also announced that it has repaid its convertible debt due to Riverfort Global Opportunities PCC Limited and YA II PN Ltd making the company debt-free.