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Share Price: 0.0031

Bid: 0.003

Ask: 0.0032

Change: 0.00 (0.00%)

Spread: 0.0002 (6.667%)

Open: 0.0031

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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

More News

6 Mar 2020 10:32

Echo Energy Says Argentina Production In Line With Expectations

19 Feb 2020 15:14

Echo Energy shares slide on 'disappointing' gas discovery

(Sharecast News) - Latin America-focussed upstream oil and gas company Echo Energy announced a non-commercial gas discovery at the Campo La Mata Exploration well in the Tapi Aike licence on Wednesday, following completion of testing on the lower secondary target, being 'D3' or 'Anita', and the primary target, being 'Magallenes 20' or 'Lobe C'.

19 Feb 2020 09:45

Latest Share Chat

Echo Energy Share News (ECHO)

Share Price Information for Echo Energy (ECHO)

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

Echo Energy Says Argentina Production In Line With Expectations

Echo Energy shares slide on 'disappointing' gas discovery

Echo Energy Shares Fall After Non-Commerial Gas Discovery At Tapi Aike

Ascent Shares Dive Amid Board Changes, Share Reorganisation

Echo Energy positive on production at Santa Cruz Sur

Echo Energy Reports Production From New Santa Cruz Sur Asset

Echo Energy Hopeful On Initial Results From Argentinian Well Drilling

Echo Energy "Encouraged" By Argentina Well Drilling Reports

Echo Energy Spuds Campo Limite Exploration Well In Argentina

Echo Energy Begins Moving Drilling Rig To Palermo Aike In Argentina

Echo Energy To Proceed With Testing Tapi Aike Well Amid Positive Data

Regency Mines To Raise GBP831,000, Carry Out Share Consolidation

Echo Energy Integration Of Santa Cruz Sur Assets Going Well

Echo Energy Commences Drilling At Tapi Aike License In Argentina

Echo Energy Clears Hurdles For Santa Cruz Sur Acquisition

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