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Reabold Resources PLC - oil and gas company with projects in the UK, US and Romania - Completes further investment in LNEnergy Ltd, increasing its interest to 16%, from 3.1%. Says it retains a second option to further increase the stake. Funds additional investment through mix of cash and shares, £500,000 in cash and £1.5 million from the issue of 810.8 million Reabold shares at 0.185 pence each to some LNEnergy shareholders. Current stock price: 0.13 pence, down 2.1% on Friday 12-monthc change: down 54% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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