UK Oil & Gas Investments (GB:UKOG) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
UK Oil & Gas PLC successfully raised approximately £248,204 through the conditional issuance of 496,408,000 new shares at 0.05 pence each to its existing retail shareholders. The fundraising is part of a separate Retail Offer and is subject to shareholder resolutions at a General Meeting, with the expectation that trading on the AIM market will commence around August 27, 2024. This capital raise is integral to the company’s expansion and investment strategy.
For further insights into GB:UKOG stock, check out TipRanks’ Stock Analysis page.
