Comet Ridge seeks cash to accelerate gas to market

EAST-coast focussed junior Comet Ridge has received commitments for A$10 million through a placement and will now launch a share purchase plan to raise a further $3 million, to fund its gas to market acceleration plans.

Comet Ridge seeks cash to accelerate gas to market Comet Ridge seeks cash to accelerate gas to market Comet Ridge seeks cash to accelerate gas to market Comet Ridge seeks cash to accelerate gas to market Comet Ridge seeks cash to accelerate gas to market

 

Under the placement Comet will issue 52.6 million shares at 19 cents per share, a 10% discount to the five-day volume weighted average.

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