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PPP — Pennpetro Energy News Story

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Brief: Pennpetro Energy Announces Signing of Heads of Agreement for Indigenous Canadian Energy Holdings Inc

BRIEF-Pennpetro Energy Announces Signing of Heads of Agreement for Indigenous Canadian Energy Holdings Inc

- Pennpetro Energy PLC PPPP.L:

  • PENNPETRO ENERGY PLC - SIGNING OF HEADS OF AGREEMENT FOR ICENERGY

  • PENNPETRO ENERGY - ICENERGY SHAREHOLDERS TO OWN NOT LESS THAN 90% OF PENNPETRO POST-COMPLETION

  • PENNPETRO ENERGY - PENNPETRO, WITH THE COOPERATION OF ICENERGY, TO RAISE £20 MILLION THROUGH PLACING OF NEW SHARES

  • PENNPETRO ENERGY - PLACING SHARES TO REPRESENT MAXIMUM 20% OF ENLARGED CAPITAL, PRE-MONEY VALUATION AT LEAST £80 MILLION

Source text: ID:nRSP3876Za

Further company coverage: PPPP.L


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