(London, 22, November, 2010) Yorkville Advisors, LLC (Yorkville), the US-based alternative investment manager, is pleased to announce that it has entered into a £7 million Standby Equity Distribution Agreement (SEDA) on behalf of one of its funds with AIM listed Ascent Resources Plc (LSE:AST). Ascent Resources is an independent, multi-project, European focused oil and gas exploration and production company. The transaction also included a SEDA-backed promissory note for the amount of £2.1 million. The deal…
Source: RealWire
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