$UOG.L

1 story mentioning UOG.LUpdated 45m ago

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United Oil & Gas Raises Funds via Share Placing

United Oil & Gas (UOG.L) raised 500,000 pounds sterling in gross proceeds through a share placing to two long-term institutional shareholders.The London-listed oil and gas company placed 250 million shares priced at 0.002 pound apiece and plans to use the net proceeds to bolster its working capital position, according to a Friday release.

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