Geo Exploration Limited
Key information
Key information
Sector
Oil, Gas and Coal
Close date
Delivery
Placing price
Last price
Discount
Amount raised
0.06p
0.095 p
37% %
£1,150,000
Company description
Geo Exploration Limited is an early-stage mineral resource and hydrocarbon exploration company listed on the London Stock Exchange. Its focus is on exploration projects across Australia, Africa and the Mediterranean, targeting oil, gas and mineral opportunities, including its Juno Project in Western Australia and offshore interests in Namibia’s Walvis Basin.
Use of proceeds
The net proceeds will support exploration and drilling at Gorge, further exploration at Juno, PEL 94 licence upkeep and work programme commitments, and general operational and corporate costs. Expenditure will continue to be prioritised in line with exploration results, operational requirements and available capital.
Company announcement
Important notices
This website contains links to other websites and resources provided by third parties. These links are provided for your information only and we accept no responsibility for them or for any loss or damage that may arise from your use of them.
Investing in financial products involves taking risk. The value of investments can go up as well as down and you may receive back less than your original investment. CMC Markets UK plc trading as CMC CapX (“CMC”) does not provide investment advice of any kind and individual investors should make their own decisions or seek independent advice regarding the merits of entering into, and the suitability of, any investment. Nothing on this website and no communication from CMC should be construed as an investment recommendation. Only professional clients and eligible counterparties are eligible to participate in any offering in connection with CMC's services. There are inherent risks associated with investing in such offerings and such investments should only be made as part of a diversified portfolio. Nothing on this website constitutes an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful.
Please read our Risk Warning before making any investment decisions.
Participate in exclusive deals
Start investing in exclusive deals.