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MARKETS

Tlou raises capital from Botswana shareholders

BOTSWANA coal seam gas developer Tlou Energy has completed a placement to sophisticated Botswana investors, worth A$2.9 million, in a move to increase local ownership of the company in the country.

Paul Hunt
Tlou raises capital from Botswana shareholders

Tlou is tri-listed in Australia, London and joined the Botswana securities exchange in 2017. Under the placement Tlou will issue 29 million new shares at an issue price of A10 cents per share, a 4%...

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