Chariot raises around $20m to back transformational offshore Angola oil deal

Chariot raises around $20m to back transformational offshore Angola oil deal Proactive uses images sourced from Shutterstock Chariot Ltd (AIM:CHAR, OTC:OIGLF) has raised net proceeds of around US$20 million through an oversubscribed placing and subscription priced at 1.4p a share, as the AIM-listed group lines up funding for a transaction designed to give it near-term economic exposure to offshore Angola production. The Africa-focused energy company issued new shares at 1.4p, a roughly 13.8% discount to W ...