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Stmt re potential placing

24 May 2006 12:06

Plectrum Petroleum PLC24 May 2006 Plectrum Petroleum Plc Statement re potential placing The directors of Plectrum Petroleum Plc ('the Company') announce that they arein the process of finalising a fundraising of up to £2.5 million through theissue of new ordinary shares, at a price of 14p per ordinary share (the"Placing"). The proceeds of the Placing will be used to strengthen the Company's balancesheet, which the directors believe will enhance the Company's position whennegotiating offshore exploration licenses and farm in agreements, in particularin relation to the Peruvian offshore exploration license Z34, for which theCompany has recently submitted an application, in conjunction with Gold Oil Plc. The Company will make a further announcement in due course. Contact: Corporate Synergy 020 7448 4400John Prior Aquila Financial LimitedPeter Reilly 020 7202 2601 www.plectrum.co.uk This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
7th Feb 20061:00 pmRNSContract award and warrants
31st Jan 20061:15 pmRNSShareholding - Amendment
30th Jan 200612:08 pmRNSNPEL Completion
27th Jan 200610:09 amRNSInterim Results
27th Jan 20069:36 amRNSShareholding
17th Jan 20065:59 pmRNSHolding(s) in Company
13th Jan 200612:00 pmRNSOperations in Northern Peru
13th Jan 200610:27 amRNSShareholdings
6th Jan 200612:45 pmRNSSignificant Shareholding
1st Nov 200510:27 amRNSDirectorate Change
27th Oct 20051:00 pmRNSFinal Results
20th Oct 200512:32 pmRNSAcquisition
20th Oct 200512:12 pmRNSDisposal of 50% of NPEL
18th Oct 200510:49 amRNSShareholding
7th Oct 200512:07 pmRNSMOU Extension & Acquisition
16th Sep 20055:15 pmRNSNotice of AGM
24th Aug 20052:13 pmRNSShareholdings
18th Aug 20055:27 pmRNSShareholdings
12th Aug 200510:59 amRNSShareholding
23rd Jun 20052:28 pmRNSShareholding
14th Jun 20056:11 pmRNSShareholding
2nd Jun 200510:10 amRNSExploration Update
18th May 200510:51 amRNSShareholding
10th May 20055:35 pmRNSShareholdings
6th May 200511:23 amRNSUpdate and Board Appointment
4th May 200511:03 amRNSShareholding
3rd May 20055:11 pmRNSShareholding
22nd Apr 20056:24 pmRNSShareholding
21st Mar 200512:36 pmRNSResult of EGM
9th Mar 20056:03 pmRNSShareholding
25th Feb 20057:30 amRNSPlacing and Notice of EGM
10th Feb 20052:48 pmRNSExploration Block in Peru
31st Jan 20051:20 pmRNSInterim Results

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