Posts tagged: Angus Energy

RARE ALERT: Angus Energy plots multi-million pound equity fundraising

Monday, 29 April 2019, 5:21 pm

Angus Energy, the oil explorer run by the son of Lord Lucan, is working on a plan to raise up to £5 million from equity investors.

People claiming to be familiar with the matter said Angus Energy is looking to raise between £3.5 million and £5 million from investors via a Placing and an Open Offer.

It's believed the new shares will be issued at between 4.5p and 5p, said people claiming to be familiar with the matter...