Confirmation of amount raised by PrimaryBid

RNS Number : 2401G
Solo Oil Plc
28 February 2018
 

FOR IMMEDIATE RELEASE                                                                                       

28 February 2018

 

SOLO OIL PLC

("Solo" or the "Company")

 

Confirmation of amount raised by PrimaryBid.com Offer

 

The Board of Solo Oil plc (SOLO: AIM) can now confirm that the amount the Company has accepted from investors on the PrimaryBid platform was £92,000 as part of the total £2 million Company sponsored equity placement announced yesterday.

 

 

For further information:

Solo Oil plc

Neil Ritson / Dan Maling

+44 (0) 20 7440 0642

 

 

Beaumont Cornish Limited

Nominated Adviser and Joint Broker

Roland Cornish/Rosalind Abrahams

+44 (0) 20 7628 3396

 

Shore Capital

Joint Broker

Jerry Keen

 

Beaufort Securities

Joint Broker

Jon Belliss

 

Buchanan (PR)

Ben Romney / Chris Judd / Henry Wilson

 

+44 (0) 20 7408 4090

 

 

 

+44 (0) 20 7382 8300

 

 

 

+44 (0) 20 7466 5000

 

Notes to Editors:

Solo Oil plc (Solo), is a natural resources investment company with a diverse portfolio of onshore assets, principally in Europe and Africa. The company seeks to deliver returns through early stage investment in promising projects and uses management's own sector expertise to assist in strategic asset development. Solo's portfolio currently includes extensive interests in the prolific Ruvuma Basin in Tanzania, the Horse Hill oil discovery in the Weald Basin, Helium One Limited, the Tanzanian helium exploration company, and Kiliwani North, a natural gas producing project in Tanzania.   

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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