CGX accumulates US$59M for Guyana operations

CGX accumulates US$59M for Guyana operations

CANADIAN oil giant, CGX Energy Incorporated, has managed to accumulate US$59 million to further develop and expand its operations both offshore and onshore Guyana. The company, in a press statement, said that it offered to holders of its outstanding shares an aggregate of 45,151,338 common shares, with each requiring a payment of CAN$1.63. “Following the …

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