- Energy storage group RedT Energy said it had received valid acceptances and assurances from shareholders to ensure funds raised from its share issue would exceed the minimum amount required for its strategic review process.

The raising would in aggregate raise at least £1.5m before expenses, the company said.

'The company confirms that, with funding secured for the next few months, the strategic review process is continuing as planned and the company continues to engage in promising discussions with potential strategic partners regarding the support and finance of the company's continued growth,' RedT added.

At 9:06am: [LON:RED] RedT Energy PLC share price was +0.15p at 2.08p

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