Tag Archives | Lorito Holdings

ShaMaran Announces Rights Offer

By John Lee. ShaMaran has announced that it will launch a CAD 75 million equity rights offering to its shareholders that is supported by a comprehensive equity support arrangement from major shareholders, Lorito Holdings, Zebra Holdings and Investments, and Lundin Petroleum B.V. (the 'Standby Purchasers'). The proceeds of this financing will augment the funding required […]