re: Ann: Tangiers Lodges AIM Pre-Admission An... i just read that too , 4 to 8 million , thats ok. that was not on the website on when looked earlier in the week but it is now with mondays date
http://tangierspetroleum.com/media/press-releases/09-jan-2012a.aspx
Tangiers Petroleum Looks To Raise A$4 Million In AIM IPO
Monday, 9 January 2012 - oilbarrel.com
Last year may have been a pretty dismal year for small cap resource stocks but there is still an appetite, albeit somewhat dulled given deteriorating fundraising conditions, to join London's Alternative Investment Market. The second half of 2011 saw a number of new entrants, such as Bayfield Energy and Bluebird Energy, and while IPO activity is expected to be muted in the early months of 2012, there are some hopeful new entrants. ASX-quoted Tangiers Petroleum, for example, has started the New Year by lodging its pre-admission announcement to join London's Alternative Investment Market, with a view to admission around February 3. It aims to raise between A$4 and US$8 million.
The company hopes the move will help raise its profile, and access to capital, as it enters a potentially transformative year, with plans for up to five wells across its properties in Morocco and Australia. Both these projects have company-making potential, with its acreage off Morocco's Atlantic coastline believed to be home to multi-billion barrel prospects while its position in Australia's Southern Bonaparte Basin could host LNG-sized gas potential.
http://oilbarrel.com/news/tangiers-petroleum-looks-to-raise-a-4-million-in-aim-ipo
Ann: Tangiers Lodges AIM Pre-Admission Announceme, page-7
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