• Friday, January 03, 2025
businessday logo

BusinessDay

Ellah Lakes commences process of raising funds via private placement

Ellah Lakes commences process of raising funds via private placement

Ellah Lakes Plc has commenced the process of raising funds via private placement.

This follows the meeting of the Board of Directors of Ellah Lakes Plc which held on March 27,
2024.

The Company has also notified the Securities and Exchange Commission (SEC) of an investment by a core investor.

This transaction is subject to obtaining all relevant regulatory consents and is expected to be concluded by the end of April 2024.

Iheanyi Nwachukwu, is a creative content writer with over 18 years journalism experience writing on banking, finance and capital markets. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp