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IN BRIEF: Victoria Oil & Gas unit issues GBP1.3 million loan note

Thu, 08th Apr 2021 17:52

Victoria Oil & Gas PLC - energy supplier in Africa - Says subsidiary Gaz du Cameroun SA has entered into a definitive agreement with Hadron Master Fund to raise GBP1.3 million through the issue of an unsecured loan note. The proceeds from the issue of the loan note will be utilised for general working capital purposes.

Current stock price: 5.40 pence, up 8.0% on Thursday

Year-to-date change: up 27%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

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IN BRIEF: Victoria Oil & Gas unit issues GBP1.3 million loan note

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