The rise in the copper price will see Minera Cobre, a private copper exploration junior in Colombia founded by the same team who established Red Eagle Mining (CN:R), seek a fund raising to undertake its first drilling programme and possibly hasten its IPO.
The Board of Ascent Resources plc (AIM: AST), the European focused oil & gas exploration and production company is delighted to report that commercial production has commenced from well Pg‑10.
London Stock Exchange welcomes today BioPharma Credit, a closed ended investment company focused on the life sciences industry, to the Specialist Fund Segment of the Main Market. BioPharma Credit raised gross proceeds of $762 million through its IPO, surpassing its initial $300 million target. It is the first London listed fund to specialise in debt financing for the life sciences industry, highlighting the global investor interest in UK life sciences and the strength of London’s fund industry.
Share talk spoke today with Alex McDonald Chief Executive Officer and David Sefton Executive Chairman of Anglo African Oil and Gas (AAOG). We talk about today’s Initial Public Offering listing on the AIM Market.
Anglo African Oil & Gas (AAOG) has negotiated the right to acquire assets located in the Republic of Congo (RoC). The company is listed on AIM and raise £9m in order to complete the acquisition and redevelop the near offshore Tilapia field which should significantly increase production in the near term.
We take a look at Anglo African Oil & Gas, the latest in a line of Oil & Gas IPOs due to hit AIM this year (expected to trade week commencing 6 March 2017).
After today’s Initial Public Offering and successful acquisition of its assets in Italy we discuss why the company was able to acquire the producing assets. We talked about the listing on the AIM market and why it was unloved on the ASX market under its former name of Po Valley Energy. We speak about current production, the near term additional production plans and bringing a third well into production by the end of the year.