Serinus Energy plc (AIM: SENX), international oil company with operations in Romania and Tunisia, has successfully raised US$21m through an oversubscribed placing, with Shore Capital acting as Joint Bookrunner.
The proceeds of the Placing will be used as part of a proposal to retire the EBRD Convertible Debt, and for the installation of pumps in a well work over programme for the Sabria field in Tunisia.
For further information please contact:
Shore Capital +44 (0) 20 7408 4090
Corporate Broking: Jerry Keen
Corporate Advisory: Toby Gibbs / John More
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Adele Gilbert: +44 (0)74 8477 8331
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