Posts tagged: Petro Matad

RARE ALERT: Petro Matad said to be working on a £22 million equity fundraising

Thursday, 18 January 2018, 8:33 pm

Petro Matad, an oil explorer with assets in Mongolia, is said to be close to announcing a £22 million equity fundraising.

According to sources claiming to be familiar with the matter, brokers at Stifel are said to be leading the equity fundriasing for Petro Matad.

Some of the equity fundraising is being done via a placing at a 30pc discount to the recent share price, said these sources familiar with matter...