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TomCo Energy Raises Funds Via Share Placing, Subscription

MT Newswires·09/28/2026 03:58:03
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03:58 AM EDT, 09/28/2026 (MT Newswires) -- TomCo Energy (TOM.L) raised 700,000 pounds sterling through a placing and subscription of new ordinary shares for additional working capital. The fundraise comprises an issuance of 2.8 billion new shares at 0.00025 pound apiece, the London-listed oil exploration and technology company said Monday. TomCo Energy will also issue 144 million broker warrants to its sole placing agent, AlbR Capital.