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AIM:CAZATSX:CAZ
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Caza Oil and Gas agrees £500,000 advance

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US-focused oil firm Caza Oil & Gas (LON:CAZA,TSE:CAZ) has drawn down on its standby equity (SEDA) line to the tune of £500,000, it told investors.

The SEDA was agreed in November last year with YA Global Master SPV Ltd.

In exchange for the advance, the company has issued around 5.3 million shares to Yorkville at a price of 9.5p per share.

Caza shares eased 3.95% in early deals to stand at 9.125p each.

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