Source - SMW
Quadrise Fuels International has proposed a fundraising, through the issue of new shares at 10p each to raise about £4m. It has also proposed an open offer of further new shares to shareholders to raise up to an additional £1m.

Separately, Quadrise posted a narrower FY pretax loss of £4.91m, from a loss of £4.98m.  

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Quadrise Fuels International (QFI)

+0.13p (+1.15%)
delayed 18:15PM