OPERATIONS

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

  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. The share purchase plan will open next Monday and offers...

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