- Tlou Energy said it had successfully completed an equity placement to Botswana-based investors totalling BWP21.8 million, or around £1.6m.

The placing had beencompleted at BWP0.75, or around £0.055 per share, representing a premium of around 4% to the shares' Australian dollar equivalent closing price in Sydney on Monday.

Funds had been raised from both a long-term existing shareholder, as well as a new Botswana based fund manager, the company said.

At 8:24am: [LON:TLOU] Tlou Energy Limited share price was 0p at 5.75p

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