Nighthawk raises more cash

US-focused oil firm Nighthawk said it had raised around £2.9m by selling more new shares to investors.

US-focused oil firm Nighthawk said it had raised around £2.9m by selling more new shares to investors.

The 115.7m new shares, which have been placed with institutional and other investors at 2.5p per share, come at a discount of 7.4% to the closing share price yesterday.

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