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Pin to quick picksTlou Energy Share News (TLOU)

Share Price Information for Tlou Energy (TLOU)

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Share Price: 2.00
Bid: 1.90
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IN BRIEF: Tlou Energy pushes AUD13.3 million fundraise to January 31

Mon, 08th Jan 2024 14:23

Tlou Energy Ltd - Botswana and Southern Africa-focused energy company - Announces extension of closing date for entitlement offer to January 31 from January 12. In December, Tlou announced its intention to raise AUD13.3 million, around GBP7.0 million, through the offer of four new ordinary shares for every eleven ordinary shares held by ASX and BSE shareholders at a price of AUD0.035 each. Tlou says that the funds would be used to develop its Lesedi power project in Botswana and provide the company with working capital. Adds that the extension will allow "extra time for eligible shareholders to take up their entitlements".

Current stock price: closed at 1.65 pence per share in London on Monday.

12-month change: up 47%

By Hugh Cameron, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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28 Apr 2016 09:57

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11 Mar 2016 16:45

Tlou Energy makes good progress in Botswana

(ShareCast News) - Tlou Energy updated the market on its operations over the last six months on Friday, making good progress with a number of its ongoing developments in Botswana. The AIM-traded company said it achieved a range of milestones towards delivering is 10MW gas-to-power pilot plant in to

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11 Mar 2016 08:58

Tlou Energy First-Half Loss Widens On Costs Related To AIM Listing

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Tlou Begins Testing Selemo-1 Well, Initial Results "Very Encouraging"

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12 Feb 2016 15:56

New chairman, finance director for Tlou Energy

(ShareCast News) - Nathan Mitchell resigned as Non-Executive Chairman of Tlou Energy on Friday, with immediate effect, as the firm said he was focusing on his other commitments and various executive positions. The AIM-traded company said Martin McIver had thus been promoted to the position of Non-Ex

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12 Feb 2016 08:38

Tlou Energy Chairman Mitchell Resigns, Replaced By Martin McIver

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29 Jan 2016 10:43

Tlou Energy Says Selemo Pilot Well Testing In Line With Expectations

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Tlou Energy Chief Executive To Take Leave Of Absence Due To Ill Health

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17 Dec 2015 10:27

Tlou Energy Aiming For Production Test At Lesedi "In Coming Weeks"

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30 Nov 2015 11:20

Funding Circle SME Fund And Tlou Energy Start Trading In London (ALLIPO)

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