Placement institutionnel et nomination du conjoint Broker
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.
Cette annonce n'est pas une offre de vente ou une sollicitation d'une offre d'acquisition de titres dans aucune juridiction, y compris aux États-Unis, au Canada, en Australie ou au Japon. Ni cette annonce ni aucune partie de celle-ci ne doit constituer la base ou être invoquée en relation avec ou agir comme une incitation à conclure un contrat ou un engagement quel qu'il soit.
26th Avril 2024
UPLAND RESOURCES LIMITED (LSE:UPL)
("Upland" ou la "Société")
INSTITUTIONAL PLACING & APPOINTMENT OF JOINT BROKER
The Company is pleased to announce the completion of an equity placing to raise $4m ("the Placing"). The Placing was arranged and cornerstoned by OAK Securities, who have also been appointed as Joint Broker à la Société.
The Placing has raised gross proceeds of $4 million ("the Proceeds") at a price of 3.3 pence per new ordinary share ("Placing Price"). The net Proceeds of the Placing will provide the Company with sufficient capital to support its business plans, including drilling a well.
This follows the announcement by the Company on 22nd April that it has signed an LOI on a potential Joint Venture with a strategic partner with strong financial and technical capabilities, and that the Company has now placed a deposit and signed a Rig Reservation Agreement with Huisman Geo BV, on the LOC 400-6, New Generation compact rig with horizontal drilling and completion capabilities.
Bolhassan Di, président-directeur général d'Upland, a commenté :
"I am very pleased to welcome two respected institutional investors in the natural resources sector onto our share register together with our new Joint broker OAK Securities and the support of one of our largest strategic shareholders.
This institutional investment supports our current operations and business plan, including drilling a well. We look forward to updating the market on developments over the coming weeks."
Admission
Admission of the new Ordinary Shares to the Official List (standard listing segment) and to trading on the London Stock Exchange's Main Market is expected by Monday 6th Mai.
Droits de vote totaux
Following the Placing, the Company's total number of Ordinary Shares in issue will be 1,308,358,069. This figure may be used by shareholders as the denominator for the calculation to determine if they are required to notify the Company of their interest in, or a change to their interest in, the Company's securities in accordance with the FCA's Disclosure and Transparency Rules.
Pour plus d'informations, s'il vous plaît contacter:
Ressources des hautes terres limitées Bolhassan Di Président et chef de la direction | Tel: +60 198 861919 [email protected] [email protected] www.upland.energy |
Valeurs mobilières Optiva - Commun Broker Christian Denis | Tél: +44 (0) 20 3137 1903 www.optivasecurities.com |
OAK Securities - Commun Broker jerry vif Henri Clarke | Téléphone : +44 (0) 20 3973 3678 www.oak-securities.com |
OAK Securities is a Corporate Broker in the UK specialising in the natural resources sector. The cornerstone investment was made by a Principle of OAK Securities.
OAK Securities is a trading name of Merlin Partners LLP OC317265. Merlin Partners is Authorised and Regulated by the Financial Conduct Authority: 449191.
Registered Office: 90 Jermyn Street, London SW1Y 6JD, United Kingdom.
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