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. The approval marks a milestone for the company, which has evolved over two decades from a petroleum consulting firm into an indigenous oil marketing company in Ghana. “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. Looking ahead, Bozumbil said the company would continue expanding its retail fuel network, growing its renewable energy business and creating jobs. The planned capital raise is expected to strengthen PETROSOL’s financial position and broaden investment opportunities in Ghana’s capital market, the company said.