Business
Re: Placing of Equity
Re: Placing of Equity.
About this update from Tomco Energy Plc
[{"type":"text","content":"\n TomCo Energy PLC\n19 March 2008\n\n\n TomCo Energy plc\n ('TomCo' or 'the Company')\n\n Re: Placing of Equity\n\n\nFurther to the TomCo announcement released this morning regarding the placing of\n67,066,666 new ordinary shares of 0.5p each in the Company ('Ordinary Shares'),\neach two new Ordinary Shares placed have one warrant attached to subscribe for a\nnew Ordinary Share, and a further warrant on the terms set out below:\n\n Strike price Term\n 1 2.5p 13 months\n 2 5.0p 13 months from the date of exercise of the first warrant\n\n\nEnquiries:\n\nTomCo Energy Plc +44 (0)20 7808 4857\nHoward Crosby\n\nStrand Partners Limited +44 (0)20 7409 3494\nWarren Pearce\n\nBankside Consultants Ltd. +44 (0)20 7367 8888\nSimon Rothschild\n\n\nNotes:\nTomCo is an AIM listed company which continues to actively develop a\nconventional oil production profile in the South-Western United States. The\nCompany also owns leases on approximately 3000 acres of shale oil holdings in\nUtah, estimated by SRK (an independent firm of mining consultants) to contain\nsome 230 million barrels of oil.\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1548,"tagName":"div"}]