Roxi doubles in value on news of big investment

Roxi Petroleum saw its shares more than double in value after a Kazakh businessman said he would invest 40m dollars in the firm at a huge premium to the current price.

Roxi Petroleum saw its shares more than double in value after a Kazakh businessman said he would invest 40m dollars in the firm at a huge premium to the current price.

Shares rocketed to 4.6p when the AIM opened, after the news that investor Kairat Alpamysovich Satylganov had agreed to subscribe for over 355m new shares at about 7p per share.

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