CLN completion
Orcadian Energy PLC has received the remaining balance of subscription monies for its convertible loan note instrument, bringing the total gross proceeds to £500,000. Following previous conversions, £337,500 in aggregate principal amount of these notes remains outstanding.
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Orcadian Energy (AIM:ORCA) announces that it has received the remaining balance of subscription monies due under the convertible loan note instrument, first announced on 30 December 2025, bringing total gross proceeds received to £500,000.
Following conversions completed, and as announced on 5 February 2026, 20 July 2026 and 22 July 2026, £337,500 in aggregate principal amount of convertible loan notes remains outstanding.
For further information on the Company please visit the Company's website: https://orcadian.energy
Viscous oil
Gas
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