Oil and gas explorer Aminex plc (LON:AEX) has raised a further £1.3mln through the placing of shares not taken up in its recent open offer.
The offer was part of £19.5mln funding package that saw Oman based group Zabair come in as a cornerstone investor.
Existing shareholders took up 49.7% of the £2.6mln open offer with the rump now placed at the same price of 1.3p per share.
Aminex will use the money to fund the Ntorya-2 appraisal and Ntorya-3 exploration wells in Tanzania.
“The company is pleased to announce that the capital raise of approximately £19.5m has been fully subscribed,” it said.