Black Rock Places 60 Million New Ordinary Shares
Black Rock Oil & Gas
|Tuesday, July 06, 2004
Black Rock Oil & Gas has completed a placing of 60 million new ordinary shares at 1.05p per share with clients of Seymour Pierce Ellis to raise £630,000 before expenses.
The proceeds of the placing will be applied to the Company's 2004 exploration and drilling program and for general working capital purposes.