22 Sep 2015 09:30
AIM-listed Paternoster Resources shares got a boost on Tuesday after it announced a deal with Littoral Oil and Gas for a new project. The two firms will jointly evaluate, acquire and develop oil and gas assets, beginning in Algeria. Littoral has spent the past year evaluating existing subsurface da
Read moreMining and energy investor Paternoster Resources completed a share placing to raise £242,250 and admitted 95m shares to trading on AIM on Tuesday. Paternoster, which has stakes in companies such as Metal Tiger and Plutus Powergen, plans to use the proceeds of the placing at 0.255p per share to devel
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