BRIEF — Pennpetro Energy Announces Signing of Heads of Agreement for Indigenous Canadian Energy Holdings Inc

Oct 16 (Reuters) — Pennpetro Energy PLC: Pennpetro Energy Plc - Signing Of Heads Of Agreement For Icenergy Pennpetro Energy - Icenergy Shareholders To Own Not Less Than 90% Of Pennpetro Post-completion Pennpetro Energy - Pennpetro, With The Cooperation Of Icenergy, To Raise £20 Million Through Placing Of New Shares Pennpetro Energy - Placing Shares To Represent Maximum 20% Of Enlarged Capital, Pre-money Valuation At Least £80 Million Source text:... Further company coverage: PPPP.L