IGas Energy PLC (IGAS.L)
18 Aug 2017
* All resolutions passed at general meeting and bondholder meetings
* Confirms that aggregate face value of secured bonds offered in voluntary equity exchange was $28,918,390
* Proposed to raise about $55 million from subscription by new investor Kerogen, share placing with institutional investors, subscription by certain of directors
* Well progressed discussions with a strategic investor in respect of its capital restructuring options
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