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Baron Oil Share News (BOIL)

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London Stock Exchange

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Share Price: 0.0675

Bid: 0.00

Ask: 0.00

Change: 0.00 (0.00%)

Spread: 0.005 (7.692%)

Open: 0.00

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Prev. Close: 0.0675

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IN BRIEF: Baron Oil declares fundraise successful but stock plunges

Fri, 16th Feb 2024 11:37

Baron Oil PLC - London-based oil and gas exploration and appraisal company - Confirms it has raised approximately GBP260,000 through retail offer for 528.0 million shares at 0.05 pence each. Company announced on Thursday that its recent "oversubscribed" placing and subscription had raised GBP3.0 million, with 6.00 billion shares priced at 0.025p each. Fundraise has therefore earned approximately GBP3.3 million in total. Baron expects placing, subscription and retail offer shares to be admitted to trading on AIM with effect on or around February 29.

Current stock price: 0.055 pence, down 27% on Friday in London

12-month change: down 75%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News

23 Apr 2021 11:29

Baron Oil shares jump after increasing shareholding in SundaGas

Baron Oil shares jump after increasing shareholding in SundaGas

23 Apr 2021 10:21

Baron Oil completes earn-in at Chuditch discovery

(Sharecast News) - Oil and gas exploration company Baron Oil announced the completion of its earn-in for an increased interest in the Chuditch discovery and prospects on Friday.

24 Mar 2021 19:19

BUSINESS UPDATES: ADM in oversubscribed GBP1.2 million fundraise

BUSINESS UPDATES: ADM in oversubscribed GBP1.2 million fundraise

24 Mar 2021 11:33

AIM WINNERS & LOSERS: St James House up as shares restored to trading

AIM WINNERS & LOSERS: St James House up as shares restored to trading

26 Feb 2021 17:57

LONDON TRADING UPDATES: Castings Hails Return To Pre-Covid Levels

LONDON TRADING UPDATES: Castings Hails Return To Pre-Covid Levels

11 Feb 2021 16:46

Baron Oil Gives Up English Onshore PEDL330, PEDL345 Licenses

Baron Oil Gives Up English Onshore PEDL330, PEDL345 Licenses

1 Feb 2021 11:32

Baron Oil, Upland Resources Receive Technical Studies For Licence P2478

Baron Oil, Upland Resources Receive Technical Studies For Licence P2478

8 Jan 2021 14:43

IN BRIEF: Baron Oil Notes Chudich Application And Resource Upgrade

IN BRIEF: Baron Oil Notes Chudich Application And Resource Upgrade

8 Jan 2021 11:03

UK WINNERS & LOSERS SUMMARY: Housebuilders Up, Gold Miners Lose Out

UK WINNERS & LOSERS SUMMARY: Housebuilders Up, Gold Miners Lose Out

8 Jan 2021 09:32

Baron Oil upbeat on latest evaluation at Chuditch

(Sharecast News) - South east Asia, Latin America and UK-focussed oil and gas exploration company Baron Oil updated the market on the Chuditch production sharing contract in Timor-Leste on Friday.

30 Oct 2020 14:54

IN BRIEF: Baron Oil Promotes MD Yeo To CEO As Executive Chair Retires

IN BRIEF: Baron Oil Promotes MD Yeo To CEO As Executive Chair Retires

1 Oct 2020 18:18

IN BRIEF: Upland Resources, Baron Extend P2478 Exclusivity Period

IN BRIEF: Upland Resources, Baron Extend P2478 Exclusivity Period

11 Sep 2020 10:34

UK WINNERS & LOSERS SUMMARY: Anglo American Rises On Diamond Sales

UK WINNERS & LOSERS SUMMARY: Anglo American Rises On Diamond Sales

11 Sep 2020 10:23

Baron Oil's Pretax Loss Widens; Notes Hiccups At Timor-Leste Project

Baron Oil's Pretax Loss Widens; Notes Hiccups At Timor-Leste Project

11 Sep 2020 09:15

Baron Oil losses widen amid issues in Timor and Peru

(Sharecast News) - Asia, Latin America and UK-focussed oil and gas exploration company Baron Oil reported an operating loss of £0.53m for its first half on Friday, widening from £0.31m year-on-year.