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Serinus Energy Launches £0.25 Million Retail Offer to Boost Capital
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Serinus Energy Launches £0.25 Million Retail Offer to Boost Capital

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The latest update is out from Serinus Energy ( (GB:SENX) ).

Serinus Energy PLC has announced a retail offer to raise up to £0.25 million through the issuance of new ordinary shares via the BookBuild Platform. This initiative, separate from their £1 million share placing, is aimed at boosting the company’s general working capital and advancing its projects in Romania and Tunisia. The offer reflects a strategic move to engage retail shareholders in the UK, allowing them to participate in the company’s growth plans. The new shares will be listed on the AIM market of the London Stock Exchange, with trading expected to commence on 10 January 2025.

More about Serinus Energy

Serinus Energy PLC is a company operating in the energy sector, focusing on the exploration and production of oil and gas. The company is engaged in projects primarily located in Romania and Tunisia, aiming to enhance its energy portfolio and market presence.

YTD Price Performance: -14.00%

Average Trading Volume: 369,937

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £2.6M

See more data about SENX stock on TipRanks’ Stock Analysis page.

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