Posts tagged: Adm Energy

Betaville Intelligence

RARE ALERT: ADM Energy said to be close to launching equity fundraising... - Part 2

Wednesday, 11 September 2019, 7:32 am

Another day, another confirmation for little old Betaville's RARE Alerts. This morning, ADM Energy - formerly known as MX Oil - announced an equity fundraising to raise over £800,000 at 7p a share. Below is the link:

https://www.investegate.co.uk/adm-energy-plc--adme-/rns/issue-of-equity-and-conditional-subscription/201909110705018878L/..

Read more...

Betaville Intelligence

RARE ALERT: ADM Energy said to be close to launching equity fundraising

Monday, 9 September 2019, 5:09 pm

ADM Energy, the Aim-listed oil producer, is looking to raise around £500,000 via an equity fundraising.

People claiming to be familiar with the matter said broker Peel Hunt and a mystery investor are backing the fundraising for the business, which looks for oil off the coast of Nigeria.

Unusually, the new shares will be issued at a premium to the current share price of 6.38p, with one person following the situation suggesting it the fundraising could be priced at 7p...

Read more...