PETROSOL secures approval to raise capital on Ghana Stock Exchange

“After a thorough assessment of PETROSOL’s business, including our governance systems, our compliance level, our credibility and growth plans, the Ghana Stock Exchange and the Securities and Exchange Commission have approved our request to raise patient capital on the stock exchange for our growth,” Bozumbil said at the Ghana International Petroleum Conference in Accra.

Founded in 2006 as a petroleum business management and consulting firm, PETROSOL entered the oil marketing business in 2014, benefiting from government policies aimed at increasing indigenous participation in Ghana’s downstream petroleum sector.

PETROSOL Platinum Energy PLC, one of the leading oil marketing companies has received approval from the Ghana Stock Exchange and the Securities and Exchange Commission to raise long-term capital through the Ghana Stock Exchange, Managing Director Michael Bozumbil said.