Betaville Intelligence

Europa Oil & Gas said to ...

Oil and gas explorer Europa Oil & Gas is said to be on the verge of announcing an equity fundraising.

Aim-listed Europa, which has seven licences in off the coast of Ireland in the Atlantic Ocean, is looking to raise around £4 million via a placing and open offer, according to sources familiar with the matter.

These sources said stockbrokers at FinnCap are leading the equity fundraising, which could be announced in the next few days.

Europa Oil & Gas is said to be raising the fresh equity capital at 6p...

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Date: Tuesday, 23 May 2017, 5:00 pm

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