MetalNRG's (LON:MNRG) Pierpaolo Rocco talks to Proactive London about the strategy behind the announcement of its subsidiary joint venture, BritNRG to acquire Sunswept Enterprises.
Sunswept Enterprises is an oil and gas firm with a licence portfolio focused in Lincolnshire, UK.
Rocco explains how he got the team investing into the deal to make it happen, which is non-dilutive to investors and means everyone is 'committed to making this work'. He also hints about potential capital raising 'very soon'.