Corcel Plc Notifies Major Shareholding Change
The energy company has received notification of a change in major shareholding.
The energy company has received notification of a change in major shareholding.
The energy company has triggered the acceleration clause on its warrants, generating £3.75 million to fund its operations and seismic program in Angola.
The energy company has received notification of a change in major shareholding.
The energy company has raised £250,000 through a heavily discounted placing, indicating low investor appetite and potential funding difficulties.
The energy company is set to acquire 326-line km of 2D seismic data over its KON-16 block in onshore Angola, a key step towards advancing the asset's prospectivity and potential future drilling.
The energy company has received notification of a change in major shareholding.
The energy company has completed its previously announced fundraise, receiving all funds as planned.
The energy company has announced a General Meeting to be held next month, where resolutions will be proposed to enable the company to complete a fundraising and issue new shares.
The energy company has secured £1.1 million through an equity placing at a 9.33% discount to the previous closing price. The funds will be used for exploration activities in Angola.
The energy company will host a live investor presentation via Investor Meet Company on 15 July 2025.