Mitra Energy to raise $80 million to fund acquisitions: Reuters
Southeast Asia-focused, Toronto-listed Mitra Energy Inc is set to raise about US$80 million in capital to help drive growth through acquisitions, a source told Reuters. The source said funds leading the raise would include European hedge fund Tyrus Capital, Canadian hedge fund West Face Capital and U.S. hedge fund Livermore Partners, some of the biggest shareholders in Mitra. The company completed a reverse takeover of Vancouver's Petra Petroleum Inc in early 2015.
31 October 2016•2 mins read
