Brief: Bowleven Says Proposed Underwritten Open Offer To Raise About $2 Mln
March 14 (Reuters) - Bowleven PLC BLVN.L :
* PROPOSED UNDERWRITTEN OPEN OFFER TO RAISE C$2M
* NET PROCEEDS OF OPEN OFFER WILL BE USED TO MEET CO'S
WORKING
CAPITAL, GENERAL CORPORATE FUNDING NEEDS
* NET PROCEEDS WILL FUND PORTION OF CO'S SHARE OF NEAR TERM
PROJECT COSTS AT ETINDE PERMIT JOINT VENTURE
Source text for Eikon: ID:nRSN7798Ga
Further company coverage: BLVN.L
(Reuters.Briefs@thomsonreuters.com)