12 Apr 2016 16:24
(ShareCast News) - Edge Resources jumped on Tuesday after securing financing from a new strategic investor group. The group said it closed a private placement for gross proceeds of $500,000 which will be used to support its acquisition strategy. This follows several months of due diligence with the
Read moreThe first quarter at North America-focused oil and gas group Edge Resources "couldn't have been better" after quarterly net profits reached a record, helped by higher revenues and improved netbacks. Sales reached 3.5m Canadian dollars in the three months to 30 June, up from C$2.3m the year before.
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