Falklands’ oil company convenes shareholders for fundraising initiative

Merco Press

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Falklands’ oil company convenes shareholders for fundraising initiative

Borders & Southern Petroleum plc (AIM: BOR), the oil and gas company focused on the Falkland Islands, announced the upcoming General Meeting to seek shareholder approval for its fundraising initiative. The meeting is scheduled for March 21, 2025, at the offices of Wedlake Bell LLP in London.

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Recently, the United Kingdom has increased its military presence in the Malvinas Islands with the deployment of Section 2 of the Gurkhas Royal Rifle Regiment (RGR) to carry out “marinization” exercises, but what is the interest of these decisions and what does Antarctica have to do with it? This deployment and associated maneuvers have generated reactions in Argentina, which has historically claimed sovereignty over the Malvinas Islands. Argenti…