In the FTSE 100, insurer Prudential (LSE: PRU) has announced a rights issue to raise £14.5 billion.
Oil and gas producer Tullow Oil (LSE: TLW) as signed a heads of agreement with Staatsolie in relation to Block 47, a 2,369 sq km deepwater exploration licence offshore Suriname.
BP (LSE: BP) provided another update on the Gulf of Mexico oil spill, saying that the riser insertion tube tool containment system was put into place in the end of the leaking riser on May 16.
In AIM, Kyrgyzstan focused gold explorer and developer Chaarat Gold Holdings (AIM: CGH) said that the findings of the pre-feasibility study of its Chaarat project, which was on track for completion in Q3, indicated the potential of implementing an initial high grade, low-cost, open pit mine within the T0700 project area.
Commodity asset development company Mercator Gold (AIM: MCR) has announced a placing of 42.5 million shares to raise £425,000.
Laterite nickel specialist European Nickel (AIM: ENK) has selected Western Bank project financing as its preferred funding route for its Çaldağ nickel laterite project in Turkey.