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Corpus Resources Raises £99,000 to Boost Expansion Plans

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Curzon Energy PLC ( (GB:COR) ) has provided an update.

Corpus Resources Plc, a company listed on the London Stock Exchange, has successfully raised £99,000 through a placement of nearly 660 million new ordinary shares. This placement is part of the company’s strategy to secure working capital and progress its reverse takeover efforts, reflecting a significant step in its operational expansion. The new shares represent about 35% of the company’s enlarged share capital and were issued at a discount, highlighting the company’s efforts to attract investment and strengthen its financial position in the market.

More about Curzon Energy PLC

YTD Price Performance: -15.38%

Average Trading Volume: 27,386,620

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £289.7K

For a thorough assessment of COR stock, go to TipRanks’ Stock Analysis page.

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