RE: Re Interesting History7 Aug 2018 23:37
It is alright, from the earliest of confetti:
RNS
14 August 2001
The Company's subsidiary Dominion Energy PLC ('Dominion'), with producing oil
and gas assets in the USA, is now raising £1.5 million via a private placing.
Dominion intends to use up to £500,000 of funds raised in the placing to
further optimise existing oil and gas leases in Kansas, USA. These assets
were recently valued independently at US$11 million. The remaining funds are
for working capital purposes and to fund expenses associated with developing
oil and gas opportunities that have been identified in Turkmenistan and Iran.
Christows Capital Limited is acting as Corporate Advisor to Dominion and on
completion of the fundraising Dominion intends to obtain an OFEX trading
facility. Assuming full subscription under the placing at 8 pence per share
the number of Ordinary Shares in issue will be 94,915,738 representing a
market capitalization of £7.6 million.
14th August 2001
For further information please contact:
Masoud Alikhani, Acting Chairman