InterOil looks to raise cash for PNG exploration program

Canadian-based, PNG-focused InterOil Corporation is looking to raise $C9,800,00 ($10,780,000) with a private placement of 700,000 common shares at $C14.00.
InterOil looks to raise cash for PNG exploration program InterOil looks to raise cash for PNG exploration program InterOil looks to raise cash for PNG exploration program InterOil looks to raise cash for PNG exploration program InterOil looks to raise cash for PNG exploration program

The funds raised will be used to fund exploration drilling of a multi-well program in Papua New Guinea starting with the Moose Prospect and for general corporate purposes.

InterOil has appointed Westwind Partners and Jennings Capital Inc to act as co-managers of a syndicate for the placement.

loader

Most read TECHNOLOGY