TOMCO ENERGY

TomCo Energy PLC (AIM:TOM, OTC:TMCGF)'s wholly-owned subsidiary Greenfield Energy has entered into an agreement regarding the proposed redemption of its 10% membership interest in Tar Sands Holdings II (TSHII). The redemption is set at a total consideration of $1.58 million (£1.23 million). » Mehr auf proactiveinvestors.co.uk

TomCo Energy PLC (AIM:TOM, OTC:TMCGF) has raised £300,000 of new funds, through an equity raise process, with the proceeds providing working capital as it works to progress its project in Utah. The company, in a statement, said it had raised £200,000 through a share placing and £100,000 through a separate subscription for shares – with all new shares priced at 0.045p each. » Mehr auf proactiveinvestors.co.uk

TomCo Energy PLC (AIM:TOM) shares found support with the news that the company had raised £100,000 of gross proceeds via a share sale, with an existing shareholder subscribing for 125 million shares at a price of 0.08p each. The newly issued equity will represent around 3.9% of the company. » Mehr auf proactiveinvestors.co.uk