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Share Price: 0.0031

Bid: 0.003

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Change: 0.00 (0.00%)

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IN BRIEF: Echo Energy raises GBP250,000 via subscription of new shares

Mon, 29th Jan 2024 21:25

Echo Energy PLC - Latin America-focused exploration company - Raises GBP250,000 via direct subscription of 5.6 million new shares at a price of 0.0045 pence each. Also announces the issue of 363.6 million warrants to the arranger of the subscription, exercisable at a strike price of 0.008 pence and expiring on January 29, 2029. Admission of new shares for trading on AIM is expected on Thursday this week.

Current stock price: 0.0057 pence, down 48%

12-month change: down 94%

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

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5 Oct 2021 22:06

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Echo Energy makes positive progress at Santa Cruz Sur

(Sharecast News) - Latin America-focussed upstream oil and gas company Echo Energy updated the market regarding its Santa Cruz Sur assets, onshore Argentina, for the third quarter on Tuesday.

1 Oct 2021 12:06

IN BRIEF: Echo Energy agrees restructuring of loan from 2017

30 Sep 2021 15:45

EARNINGS UPDATES: Northbridge "delighted"; Echo Energy loss narrows

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26 Aug 2021 14:18

Echo Energy given production boost as Argentinian wells back online

26 Aug 2021 13:12

Echo Energy positive on outlook as it brings wells back online

(Sharecast News) - Latin America-focussed upstream oil and gas company Echo Energy updated the market on its third quarter on Thursday, confirming that following installation of the pipeline required to bring liquids production back online, the infrastructure had now been commissioned for operation, and shut-in wells were being brought online.

21 Jun 2021 19:27

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9 Jun 2021 16:08

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TRADING UPDATES: CML plans AIM move; IronRidge to demerge gold assets

6 May 2021 16:15

IN BRIEF: Echo Energy 2020 revenue surges but loss widens

19 Apr 2021 12:54

IN BRIEF: Echo Energy's natural gas to fetch higher price

1 Apr 2021 06:28

IN BRIEF: Echo Energy restructures debt; focuses on strategy

24 Mar 2021 16:44

TRADING UPDATES: Arden Partners to return to annual profitability

24 Feb 2021 15:41

Echo lays out plans to debottleneck pipelines at Santa Cruz Sur

(Sharecast News) - Latin America-focussed upstream oil and gas company Echo Energy updated the market on operations at its Santa Cruz Sur assets, onshore Argentina on Wednesday, reporting that following continued improvements in market conditions, it had agreed with the Santa Cruz Sur partners to capital expenditure to upgrade and debottleneck the existing liquids pipelines in the assets.

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IN BRIEF: Echo Energy raises GBP250,000 via subscription of new shares

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