Panoro Energy ASA – Contemplated Private Placement
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.Oslo, 22 October 2019 - Panoro Energy ASA ("Panoro" or the "Company" with OSE Ticker “PEN”) has engaged Arctic Securities AS (the “Manager”) to assist the Company in a contemplated equity private placement (the “Private Placement”) through the issuance of up to 6,238,760