Oil, Gas and Coal (0530)

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Baron Oil raises £3.26m through placing, subscription and retail offer

By Josh White

Date: Friday 16 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Baron Oil announced on Friday that it had raised a total of £3.26m through a fundraise.
The AIM-traded company said it raised £0.26m through the WRAP retail offer, in addition to the earlier disclosed placing and subscription.

That brought the total gross proceeds generated for Baron Oil to £3.26m, combining the placing and subscription of 6,000,000,000 placing and subscription shares with the 528,023,360 WRAP retail offer shares.

At 1259 GMT, shares in Baron Oil were down 28% at 0.05p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are end of day values only.

 

Price Data

Price 9,431.51
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% Change -1.09 %
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