Nexus raises $1.1m

Victorian focussed Nexus Energy has put over $1.1 million in its drilling kitty after placing 12.5 million shares to a syndicate of institutions and sophisticated investors.
Nexus raises $1.1m Nexus raises $1.1m Nexus raises $1.1m Nexus raises $1.1m Nexus raises $1.1m

Nexus said six new institutions had come on board in the placement, which was priced at 9.3 cents and would be the final raising prior to acquiring a major production asset or farming out part of its 100% owned Vic/P54.

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