Tag Archive for PXOG

Prospex Oil & Gas soars after issuing loan notes to fund gas progress in Italy (PXOG)

Prospex Oil & Gas (LSE:PXOG) soared by 31pc this morning to 0.3p after raising £480,000 through the issue of unsecured loan notes. Alongside additional non-equity funding, the business said it believes the loan notes will cover the full development of the Selva gas discovery on its 17pc-owned Podere Gallina permit in Italy. The firm expects to…