Roxi Petroleum secures £15 Million GEM Global Credit Line
04.06.2009
Roxi Petroleum PLC said it has entered into a £15 million equity line of credit with GEM Global Yield Fund Ltd and raised US $500,000 via the issue of 3,215,020 new shares at 10 pence each.
The Kazakhstan based oil exploration and development company said it will control the timing and...