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Andes Energia PLC (AEN.L)

AEN.L on London Stock Exchange

35.38GBp
28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Andes Energia Plc announces termination of joint venture agreement in Brazil
Friday, 2 Oct 2015 02:00am EDT 

Andes Energia Plc:Says termination of its joint venture agreement in Brazil.Says that as previously indicated that Brazil was not focus of the company's development activities and the company have now, mutually agreed with its partner in Brazil, to terminate the joint venture agreement without further obligations.  Full Article

Andes Energia Plc Fundraising and Issue of Shares
Wednesday, 26 Aug 2015 02:01am EDT 

Andes Energia Plc:Says US$9 million to be raised through a placing and direct subscription of in aggregate 23,047,376 new ordinary shares of 10 pence per share at a placing price of 25 pence per new Ordinary Share, with or by existing and new investors.Says US$10 million cancellation of an existing bond satisfied by the issue of new Ordinary Shares at a price of 25 pence per new Ordinary Share.Says Net proceeds of the Placing will be used to part finance the Company's 2015/2016 drilling programme principally in the Chachahuen area in Argentina.  Full Article

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