AFRICA

Tlou capital raising to progress stalled Lesedi CSG project

TLOU Energy recently completed a GBP1.4 million (A$2.5 million) capital raising which it described as “well supported by new investors and existing shareholders” to progress its Lesedi project for the first gas-fired power in Botswana. 

Tlou is capital raising but still awaiting the retender process for its Botswana gas-fired power project.

Tlou is capital raising but still awaiting the retender process for its Botswana gas-fired power project.

  The placement is to sophisticated and professional investors in Australia and the United Kingdom.    It will was made at a 26.8% discount to the closing market price on June 5.    Another 1-for-6...

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