International Petroleum raises $30M

INTERNATIONAL Petroleum, formerly International Goldfields, has successfully raised $A30 million from institutional investors in the United Kingdom through an initial public offering.

International Petroleum raises $30M International Petroleum raises $30M International Petroleum raises $30M International Petroleum raises $30M International Petroleum raises $30M

The company has applied to the Australian Securities Exchange for its shares to be relisted. Once conditional approval has been obtained, it will issue 100 million shares at 30c each.

loader