Sound Oil, the Mediterranean focused upstream oil and gas company, announced the successful completion of due diligence and the signing of investment agreements in respect of the £14 million Institutional funding announced by the Company on 25 April 2014 and expected to be completed in July 2014. Continental Investment Partners SA, acting on behalf of itself and affiliates has now successfully completed due diligence and signed the investment agreements, including a 50/50 debt/equity split which results in a total investment of £14 million at an average price of approximately 9.2 pence per share. Metano Capital SA, a subsidiary of Continental Partners SA…
