- Botswana-focused Tlou Energy said it had raised £1.4m through a share placement and planned to raise up to another £3.2m via an entitlement offer.

New shares were issued at £0.0575 each.

Funds would be used for exploration drilling, regulatory approvals and general working capital.

At 1:56pm: [LON:TLOU] Tlou Energy Limited share price was -1.6p at 6.25p

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