Case study
Gneiss acts as financial adviser and placing agent to Sound Energy plc on its £4 million placing and subscription

Gneiss supports Sound Energy plc on £4 million placing and subscription

Gneiss Energy is pleased to have acted as financial adviser and placing agent to Sound Energy plc on its successful £4 million placing and subscription.
 
Sound Energy is an AIM-listed transition energy company focused on developing its material gas development at the Tendrara Exploitation Concession onshore Eastern Morocco.
 
The funds raised will principally be used for pre-development work up to a final investment decision on its Phase 2 gas pipeline development, complementing the project financing Sound Energy has secured for its Phase 1 micro LNG development.
 
The link to the company RNS is here.
People
Company
Sound Energy plc
Tick
Year completed
2022
Smart Grid Dark
Service
Equity Raise
Handshake (1)
Role
Financial Adviser and Placing Agent
Oil
Sector
Oil and Gas
GBP
Transaction value
£4 million
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