MercoPress. South Atlantic News Agency

Falklands, Rockhopper raises US$ 20 million in fresh funds to fund Sea Lion project

Rockhopper Exploration has completed a plan to raise fresh funds from shareholders, expecting to bring in around US$200 million to fund its investment in the Sea Lion prospect in the Falklands. The AIM-listed firm announced the results of its open offer to shareholders on Wednesday, which raised total gross proceeds of around US$ 20m. Read full article