By continuing to use this site you consent to the use of cookies on your device. Find out more about our cookie policy and the types of cookies we use by clicking here

Phoenix Global Resources Raises GBP916,786 By 3.0 Million Share Issue (ALLISS)

LONDON (Alliance News) - Phoenix Global Resources PLC said on Thursday it has issued 750,000 ...

Alliance News 7 December, 2017 | 11:45AM
Email Form

LONDON (Alliance News) - Phoenix Global Resources PLC said on Thursday it has issued 750,000 shares at a price of 43 pence each and 2.3 million shares at a price of 26p each following an exercise of warrants, receiving proceeds of GBP916,786.

Following this transaction, Phoenix Global Resources now has 2.54 billion shares issued overall.

Shares in the South America-focused oil & gas company were up 1.1% at 45.00 pence on Thursday.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2017 Alliance News Limited. All Rights Reserved.

Email Form
Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Phoenix Global Resources PLC 43.50 GBX -0.85 -
About Author Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.