LGO Energy - EGM and Second Placing
CERP
Thu, 31 Mar 2016, 10:10 BST
Columbus Energy Resources plc is an international oil and gas exploration, development and production company headquartered in London, trading on the FTSE AIM All-Share.
Industry: 531d2a6e3665390d2000005d
Contact:
http://www.lgo-energy.com/
On 16 March 2016, the Company announced that it had raised £1.06 million by way of a Company arranged placing. LGO has also raised a further £0.30 million in a Second Placing subject to shareholder approval at a general meeting. Neil Ritson outlines the reasons behind the second placing and the EGM as well as updating us on the Goudron Field in Trinidad.