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Doriemus PLC Announces Placing To Raise GBP360,000


Friday, 1 Nov 2013 03:00am EDT 

Doriemus PLC announced that further to the announcement of the farm-in and the joint operating agreements with Angus Energy Weald Basin No. 3 Limited (Angus Energy) on the producing onshore Lidsey Oilfield (Lidsey) in West Sussex, the Company has raised GBP360,000, before expenses, by way of a placing (the Placing) of 400 million new ordinary shares of 0.01 pence each (Placing Shares) at 0.09 pence per share. The Placing Shares have been unconditionally placed subject only to admission to trading on AIM (Admission). Application has been made for Admission and it is expected that the Placing Shares will be admitted to trading on AIM on November 8, 2013. The Placing Shares will represent approximately 10.1% of the Company's enlarged issued share capital. 

Company Quote

0.077
0.0025 +3.57%
9:24am EST