Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) chief executive Colin Harrington speaks to Thomas Warner from Proactive London after announcing a £3.15mln equity placing.
Harrington explains the reasons for the raise, saying that the funds raised will be used for short-term working capital and to accelerate the company's Paradox project.
He also provides a general overview of Paradox and what investors can expect in the future, saying that Zephyr is "still arcing in the right direction"