Prominence Energy raises cash for Bowsprit

ASX-listed oil and gas explorer Prominence Energy, formerly Sun Resources, has raised $800,000 through a placement to existing and new shareholders.

Prominence Energy raises cash for Bowsprit Prominence Energy raises cash for Bowsprit Prominence Energy raises cash for Bowsprit Prominence Energy raises cash for Bowsprit Prominence Energy raises cash for Bowsprit

 

The successful $800,000 placement, of 114 million shares at 0.7 cents, brings the company's current cash position to $1.2 million. It has no debt.