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Predator Oil & Gas Holdings PLC - Jersey-based oil and gas company with near-term gas operations focussed on Morocco - Raises £10 million through placing of 90.9 million new shares priced at 11 pence each. On Monday, Predator had announced plans to raise £7 million. Says net proceeds will be used for completion of an extended rigless testing programme for MOU-1, MOU-3 and MOU-4, commencement of CNG development studies and tendering for long lead items, residual MOU-4 well costs and general working capital. Current stock price: 12.65p, down 13% on Tuesday 12 month change: up 41% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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