Tlou completes $200,000 placement to sophisticated investors

Tlou Energy Limited is pleased to announce that it has raised A$200,000 (~£110,000, ~BWP1.74 million) pursuant to a placing of 5,714,284 new ordinary shares of no par value at an issue price of A$0.035 (~£0.02, ~BWP0.30) per share(“NewShares”). The funds have been raised from Australian based sophisticated investors and will go towards development of Tlou’s Lesedi projectin Botswana. The issue pri