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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Nevada Organic Phosphate Inc | CSE:NOP | CSE | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.05 | 0.05 | 0.055 | 0.06 | 0.05 | 0.055 | 232,000 | 19:57:10 |
RNS Number:9585Q Northern Petroleum PLC 16 October 2003 16 October, 2003 Northern Petroleum Plc ("Northern" or the "Company") Change of Broker and Additional Listing Northern Petroleum announces that Evolution Beeson Gregory Limited have been appointed broker to the Company with immediate effect. In addition, the Company is proposing to issue to certain institutional investors, in aggregate, 52,500,000 new ordinary shares ("Placing Shares") at 4p per share, to raise #2,100,000 before expenses ("the Placing"). The Placing is conditional on the admission of the Placing Shares to trading on AIM. Application will be made for the Placing Shares to be admitted to trading on AIM and dealings are expected to commence on 22 October 2003. Although the Company holds funds and securities sufficient for the envisaged drilling programmes of three wells in the South of England and two in Spain it is felt that extra funds will enable the Company to accelerate current activities where appropriate and take advantage of new opportunities as they arise. Derek Musgrove, Managing Director, commented, "We have moved to considerably strengthen the Company's liquidity in order to be in the position to accelerate our drilling plans in Spain and the South of England in the near future and retain a surplus for new opportunities. I welcome the confidence in the Company's future shown by these new institutional shareholders and appreciate their support." Enquiries Hansard Communications Chris Roberts / Ben Simons Tel: 020 7245 1100 Evolution Beeson Gregory Limited Stuart Andrews Tel: 020 7071 4321 John East & Partners Limited Jeffrey Coburn / Simon Clements Tel: 020 7628 2200 This information is provided by RNS The company news service from the London Stock Exchange END APPGGMMGRKZGFZM
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1 Month Nevada Organic Phosphate Chart |
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