StockMarketWire.com - Union Jack Oil said it had raised £1.8m via a placing to progress its prospects in the UK.

New shares in the company were issued at 0.075p each.

'We are grateful for the continuing investor support in the fundraising that encouragingly was oversubscribed,' executive chairman David Bramhill said.

At 9:07am: [LON:UJO] Union Jack Oil Plc share price was -0.01p at 0.08p



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