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Petro Matad Share News (MATD)

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London Stock Exchange

Share Price is delayed by 15 minutes

Share Price: 3.15

Bid: 3.10

Ask: 3.20

Change: 0.10 (3.28%)

Spread: 0.10 (3.226%)

Open: 3.05

High: 3.15

Low: 3.05

Prev. Close: 3.05

MATD Live Price

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IN BRIEF: Petro Matad plans placing to raise USD10 million

Wed, 14th Jul 2021 18:06

Petro Matad Ltd - Mongolia-based oil exploration company - Says it intends to undertake a fundraising of approximately USD10 million via a placing, a subscription and an offer on the PrimaryBid platform at a price of 3.5 pence each. Chief Executive Mike Buck has indicated his intention to subscribe for new shares representing up to USD100,000 at the placing price pursuant to the subscription.

Current stock price: 5.36p

Year-to-date change: up 26%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Petro Matad makes progress with Block XX, secures further funding

(Sharecast News) - Mongolia-focussed oil company Petro Matad said on Monday that progress has been made on the two remaining steps of the exploitation licence application for Block XX.