Mayan Energy said to be working on £1 million equity fundraising - sources

Friday, 4 August 2017, 11:05 am

It's the beginning August so it's been a bit quiet in the world of small cap fundraisings but here is one Betaville has just discovered that is close to announcement.

Mayan Energy, the AIM-listed energy group focused on Mexico, is working an equity fundraising of up to £1 million, said sources familiar with the matter.

These sources said Mayan Energy is likely to raise the money at a premium to the current share price, possibly at around 0.3p.

It's possible the fundraising could be announced in the next few says, said the sources familiar with the matter.

A spokesperson for Mayan Energy declined to comment when contacted by Betaville...

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