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Genesis Petroleum to raise 10 mln stg via share issue at 20p/share
Genesis Petroleum Corporation PLC said it will raise 10 mln stg before expenses through an issue of 50 mln shares at 20 pence each, to finance its working capital, exploration costs, and to make commitments to a drilling programme.
Of these, 25 mln shares will be issued to Aker Capital AS through a direct subscription, and [...]
