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Wentworth Resources Raises $5.1 million to fund Mozambique, Tanzania Activities

Wentworth Resources has announced the successful completion of the Private Placement that raised approximately approximately US$5.1 million in net proceeds….

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Oyster Oil and Gas Closes First Tranche of Financing for Djibouti, Madagascar Operations

Oyster Oil and Gas Ltd has announced that it has closed the first tranche of its previously announced non-brokered $850,000…

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Simba Energy Increases Private Placement to $2.15 Million

Simba Energy has announced that it has increased the size of its previously announced private placement to raise gross proceeds…

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Simba Energy to raise $1.7 million, Appoints New CEO

Simba Energy has announced that it has arranged, subject to receipt of regulatory approval, a private placement financing involving the…

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Africa Oil gets $50 million financing to advance the appraisal and development in Kenya

Africa Oil Corp has announced that it has entered into an equity subscription agreement with International Finance Corporation, a member…

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Wentworth Resources raises $7.6 million to finance Tanzania’s Mnazi Bay developments

Wentworth Resources has announced that it has successfully raised gross proceeds of USD 7.6 million (GBP 4.9 million, NOK 59.7…

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Africa Oil closes $125m private placement

Canadian listed company Africa Oil  has announced that it has closed the US$125,000,000 brokered private placement, previously announced on earlier…

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Simba Energy raises $360,000 to fund exploration in Africa

Simba Energy has announced it has completed a non-brokered private placement involving the sale of up to 15,000,000 units at…

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Simba Energy raises funds for exploration in Kenya and Guinea

Simba Energy has announced the closure of second and final tranche of the Private Placement which is expected to raise USD…