$3 million placement to fully fund drilling and flow testing
Filed with ASX · · 2 pages · English
• Firm commitments received to raise A$3m via an oversubscribed Placement. • Strong support from new and existing sophisticated and professional investors. • Board participated for A$1.2m in the Placement, subject to shareholder approval. • Funds will be applied to support the development of commercial gas flows and progress the Bankable Feasibility Study. • Botala fully funded for drilling and te
Story so far
Earlier from Botala Energy
- Halt in trading of Botala Energy limited (botala) securities on the botswana stock exchange
- Trading Halt
- Quarterly Activities/Appendix 5B Cash Flow Report
- Botala Energy: Mineral development company of botswana increases investment proposal to a$4 million
- MDCB increases investment proposal to A$4 million
Later from Botala Energy
- Project Pitse Update
- Pitse Pilot Well 3.5B Spudded
- Results of general meeting
- African Cornerstone Investment
- Serowe CBM Project Update
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