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Investegate |88 Energy Limited Announcements | 88 Energy Limited: Placement to raise A$14.9M

Investegate announcements from 88 Energy Limited, Placement to raise A$14.9M ....

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88 Energy completes placement to raise A$14.9 million

88 Energy has successfully completed a bookbuild to domestic and international institutional and sophisticated investors to raise A$14.9 million (equivalent to £8.59m). Funds will be directed towards the planned Icewine East 2023 exploration well targeting 1.03 billion bbls of oil, in addition to new ventures opportunities and working capital. ....

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