AUSTRALIA

Pancontinental rises on WA index

PANCONTINENTAL Oil & Gas has rocketed 16 places on the Deloitte WA index of listed companies by market capitalisation, but more as a result of a capital raising than anything else.

James McGrath

In early June Pancontinental announced a share issue of over 128 million shares at 17.5c each to fund its exploration activities in Kenya and Namibia. This morning Pancontinental shares were trading...

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