RE: solo poor price performance29 Sep 2020 10:08
They are very busy in the O&G sector in AIM, organising funding for lots of companies and no doubt doing very well out of it, as ANGS shareholder you should know exactly where the funding just came from...
Angus Energy plc (AIM: ANGS) is pleased to announce that, with the support of Saltfleetby Energy Limited ("SEL"), its 49% partner in the Saltfleetby Gas Field (the "Field"), the Company has engaged Gneiss Energy Limited, a strategic and financial advisory firm operating in the energy and natural resources sectors, to raise up to £12 million through the issue of a senior secured debt facility (the "Proposed Debt Funding") to assist in funding the redevelopment of the Field.