Lansdowne Oil & Gas - Landsdowne Placement and loan note - Firm placing of 20.75 million...

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Landsdowne Placement and loan note
13:30 10/03/2015
Spuddy
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Firm placing of 20.75 million new ordinary shares at 5p per share and issue of loan note for total fund raising of £2.9 million

* Proceeds of placing and loan note are to be used to meet company's existing liabilities and working capital requirements to end of 2015

* Proposes to raise gross proceeds of £1,037,682 before costs through issue of placing

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