Coro Energy Completes Share Placing, Proposes New Subscription

07:50 AM EST, 11/12/2026 (MT Newswires) -- Coro Energy (CORO.L) conditionally raised 1 million pounds sterling through a share placing following the completion of its bookbuild. The London-listed renewable energy company issued 33,333,000 new shares, according to a Thursday filing. It also proposed raising an additional 125,000 pounds through a separate subscription of 4,166,667 shares at the same issue price. Placing investors will receive one warrant for each share subscribed, exercisable at 0.045 pound, representing a 50% premium to the issue price. The combined shares will represent 25.7% of Coro Energy's enlarged share capital, subject to shareholder approval at a general meeting on Dec. 4.