Oil and gas seismic firm Seabird has dumped plans to raise a further £900,000 from a share placement.
The firm announced in December last year it had raised £3.6million through a private share listing, with plans for a subsequent placement on the Oslo Børs.
But now the firm, which confirmed today it had won a £10million, 100-day contract to provide 2D data off East Africa, has decided against the second listing.
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