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BRIEF-Cluff Natural Resources announces subscription to raise 1 mln pound
October 6, 2017 / 8:10 AM / 12 days ago

BRIEF-Cluff Natural Resources announces subscription to raise 1 mln pound

Oct 6 (Reuters) - CLUFF NATURAL RESOURCES PLC:

* SUBSCRIPTION OF A TOTAL OF 66,666,667 NEW ORDINARY SHARES TO RAISE A TOTAL OF £1 MILLION (BEFORE EXPENSES) IN TWO TRANCHES

* SAYS ‍ALL NEW ORDINARY SHARES ARE TO BE ISSUED AT A PRICE OF 1.5 PENCE PER NEW ORDINARY SHARE​

* ‍PROCEEDS OF SUBSCRIPTION WILL BE USED TO COMPLETE APPLICATION FOR ADDITIONAL LICENCES UNDER UK‘S 30TH OFFSHORE LICENCING ROUND​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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