Brief: Magnus Energy Group Announces Subscription Of 2.53 Billion Ordinary Shares In Magnus Energy Group
July 5 (Reuters) - Magnus Energy Group Ltd MAGN.SI :
* ANNOUNCES SUBSCRIPTION OF 2.53 BILLION NEW ORDINARY SHARES
IN
CAPITAL OF MAGNUS ENERGY GROUP TO RAISE S$2.3 MILLION
* INTENDS TO USE NET PROCEEDS FROM PLACEMENT FOR
ACQUISITIONS AND
MICROALGAE OIL CULTIVATION PROJECT
Source text for Eikon: ID:nSNZ7V5RPt
Further company coverage: MAGN.SI
((Reuters.Briefs@thomsonreuters.com;))
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