Dow Jones Africa Titans 50 Index

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01:21pm	At least 23 civilian force members killed in northern Nigeria, officials say	RE
Apr. 27	Police fire tear gas to disperse Benin wage protest	RE

Tlou Energy pushes AUD13.3 million fundraise to January 31

January 08, 2024 at 09:24 am EST

Tlou Energy Ltd - Botswana and Southern Africa-focused energy company - Announces extension of closing date for entitlement offer to January 31 from January 12. In December, Tlou announced its intention to raise AUD13.3 million, around GBP7.0 million, through the offer of four new ordinary shares for every eleven ordinary shares held by ASX and BSE shareholders at a price of AUD0.035 each. Tlou says that the funds would be used to develop its Lesedi power project in Botswana and provide the company with working capital. Adds that the extension will allow "extra time for eligible shareholders to take up their entitlements".

Current stock price: closed at 1.65 pence per share in London on Monday.

12-month change: up 47%

By Hugh Cameron, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
DOW JONES AFRICA TITANS 50 INDEX	462 PTS	+1.81%	+2.72%	-
S&P AFRICA 40 INDEX	157.6 PTS	+3.21%	+3.49%	-
TLOU ENERGY LIMITED	0.043 AUD	-2.27%	0.00%	35.17M

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