Published by Iain Gilbert on 6th June 2018
(Sharecast News) - AIM-listed coal power development company Tlou Energy announced its intention to raise up to £3.2m via an entitlement offer on Wednesday, shortly after successfully wrapping up the placement of 24.75m new ordinary shares that saw the firm pocket £1.4m to cover costs associated with drilling and regulatory expenses associated with its Botswana and Southern Africa projects.