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Ascent Resources (AST)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

1.90p

Change Today:

0.020p
52 Week High: 4.10
52 Week Low: 1.85

Currency: UK Pounds
Shares Issued: 238.12m
Volume: 21,361

Market Cap: £4.52m
RiskGrade: 630

News Channel

Ascent Resources' shares surge as it raises £500,000

By Andrew Schonberg

Date: Thursday 09 Jun 2016

LONDON (ShareCast) - (ShareCast News) - Ascent Resources' shares are up more than 15% after it raised £500,000, net to the company, in a placing of 83,33m new shares at 0.6p each to meet its working-capital requirements into 2017.
The oil and gas exploration and production company said the funds would enable it to continue to order long-lead items required for the alternative route to market.

At 14:12 BST, Ascent's shares were up a lofty 15.38% to 0.75p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

AST Market Data

Currency	UK Pounds
Share Price	1.90p
Change Today	0.020p
% Change	1.06 %
52 Week High	4.10
52 Week Low	1.85
Volume	21,361
Shares Issued	238.12m
Market Cap	£4.52m
RiskGrade	630