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Posted by
Two Blokes Jun 25 -
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Stock
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Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF), the London-listed oil and gas company focused on US shale, has raised £10.5mn through an oversubscribed share placing and director subscription to support its drilling and acquisition plans in the States. The company said it had secured £9.8 million from institutional and other investors at 3p per share through a process known as an accelerated bookbuild, where shares are offered to investors over a short timeframe.
