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MARKETS

Juniors rattle tin

METGASCO has confirmed its decision to trigger an option to boost its position in US-focused oil and gas producer Byron Energy, after the Sydney-based company successfully tapped capital markets, while American Patriot Oil & Gas and Melbana have also raised cash.

Haydn Black
Bryon Energy's South Marsh 71 platform.

Bryon Energy's South Marsh 71 platform.

Byron said yesterday it has secured commitments to raise $26.5 million through the placement of 379 million new shares to existing large shareholders, interests associated with directors, as well as several...

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