The Teathers App: Investment success with Nostra Terra Oil & Gas
On 20 April 2017, Nostra Terra Oil & Gas (LSE:NTOG) completed a fully subscribed £260,000 Live Market Bookbuild via the Teathers App at 2p per share. This was part of a £500,000 placement into Nostra, in which participants also received 1 for 1 warrants exercisable at 3p per share for 12 months. In total, this presented Nostra with the opportunity to raise £1.25m to fund the company’s turnaround strategy, as it focussed on developing its producing US oil assets.  


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