BRIEF-Chariot Oil plans to raise up to $15 mln via placing

July 21 Mon Jul 21, 2014 12:39pm EDT

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July 21 (Reuters) - Chariot Oil and Gas Ltd :

* Proposed placing

* Announces that it intends to conduct a placing ( "placing) to raise proceeds of up to $15 million (approximately 8.8 million stg)

* Conducted through an accelerated bookbuilding process, which will be launched immediately following this announcement and will be made available to new and existing eligible institutional investors Source text for Eikon: Further company coverage:

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