Igas Energy responds to press speculation

LONDON (ShareCast) - AIM-quoted coal bed methane (CBM) gas producer IGas Energy has made the following statement in response to press sepculation over a potential equity fund-rasing:

"IGas notes the press speculation this morning around a potential equity fundraising. The board keeps all forms of financing under review and will update the market in due course."

The share price fell 0.99% to 125p by 14:32.