3 stories mentioning STAR.L
Every FINWIRES story that references STAR.L, newest first.
Star Energy (STAR.L) raised 541,153 pounds sterling through a retail offer of 3,607,686 new shares, according to a Thursday filing.In total, the oil and gas company raised aggregate gross proceeds of 9.1 million pounds through share placing, subscription, and the retail offer.
Oil and gas company Star Energy (STAR.L) conditionally raised 8.5 million pounds sterling in gross proceeds through a share placing, and announced a retail offer.The retail offer is expected to raise gross proceeds of up to 600,000 pounds, with up to 4 million new shares being offered at 0.15 pound apiece. The results are due on May 7, according to a Friday filing.Zeus Capital is serving as Star Energy's nominated adviser, broker and bookrunner. VSA Capital is the agent for the placing.
Star Energy Group (STAR.L) on Friday said it inked a deal to sell its subsidiary IGeoPen, which owns three geothermal exploration licenses in Croatia, to Enna Geo.The deal includes an initial cash consideration of 1.5 million euros and a financial earnout of 500,000 euros per license. Star Energy expects to receive 1.3 million euros from the cash consideration and another 1.5 million euros from the earnout portion, consistent with shareholder deals for IGeoPen's direct parent, A14 Energy.The AIM-listed energy company said the sale of IGeoPen was due to a delay in the announcement of a premium price tariff for geothermal projects by the Croatian government.A14 Energy is 71%-owned by Star Energy, with the remaining 29% held by Peninsula International Pte. Ltd.