MARKETS

London money backs Oilex

OILEX has successfully raised funds in London to support its projects in India and Australia, but at the cost of a dramatic plunge in its share price, which is off almost 30% to just 0.5c

London money backs Oilex

Australia and UK-listed Oilex is undertaking a two-tranche placement to raise £1.1 million (A$1.78 million) in its attempt to unlock the gas potential of the Cambay project in energy-hungry Gujarat state....

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