- Bahamas Petroleum has announced that the resolution put to shareholders at the Extraordinary General Meeting held earlier today was duly passed.

As a result, the Company will issue 170,000,000 new Ordinary Shares of 0.002p, inclusive of the participation of the Board and Management (20,000,000 Ordinary Shares), raising £1.7m, being the conditional tranche of the previously announced Placing.

The new shares will be admitted to trading on or about 19 July 2017.

At 1:25pm: [LON:BPC] Bahamas Petroleum Company PLC share price was +0.08p at 1.1p

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