Frontera Resources, an oil and gas exploration and production company, has raised funds through a drawdown from its previously announced SEDA facility, with the funds being used to advance the company's work programmes.
The drawdown, which raised £624,804, was undertaken at a price of 0.49875p per share, and will result in the issue of just under 125.3m new ordinary shares of $0.00004 each.
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‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
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MPs warn over Lifetime ISAs which could leave savers out of pocketThe Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
