Swala Energy to raise $4.4M to fund activities in Kenya and Tanzania
Swala Energy Limited has announced a Share Purchase Plan to raise up to A$5.0 million (US $4.4 million) to fund additional near-term work on the Company’s Tanzanian and Kenyan licences, as well as for business development and general administrative purposes.
The c(SPP) is to be offered to all eligible shareholders who can subscribing for up to A$15,000 of new fully paid ordinary shares in Swala without incurring.... Read more »
Posted on : Monday , 20th October 2014