Acent Resources, an AIM-listed European oil and gas exploration and production company, has formally entered into a 10m pound equity financing facility with Darwin Strategic, a majority owned subsidiary of Henderson Global Investors' Volantis Capital.
Scott Richardson Brown, Finance Director said: "This new £10m facility gives Ascent access to a flexible, cost effective source of future financing when needed. The facility can be used in order to meet certain funding needs as well as to maximize the value of new and existing opportunities available to the Company, while considerably reducing future financing risk.
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