Corcel PLC
("Corcel" or the "Company")
Settlement Updates
03 July 2023
Corcel Plc (London AIM: CRCL), the pan Angolan / Brazilian Oil and Gas company, with interests across battery metals mining and oil and gas, announces an update to the settlement of its previously announced fundraisings.
The Company confirms that, further to the fundraising announced on 28 March 2023, it has received £600,000 in cash to date, and it has now seen proof of funds having been sent for the final £455,515 tranche of this placing, and is now awaiting funds to be received in the UK, which is expected imminently.
The Company also confirms that, further to the fundraising announced on 24 May 2023, it has received £146,175 in cash to date, and it has now seen proof of funds having been sent for the £80,783 subscription currently due, and is now awaiting funds to be received in the UK, which is also expected imminently.
For further information, please contact:
James Parsons Corcel Plc CEO
James Joyce / James Bavister /Andrew de Andrade WH Ireland Ltd NOMAD & Broker
0207 220 1666
Patrick d'Ancona Vigo Communications IR
0207 3900 230
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.