MARKETS

Capital raising for Zenith 

ZENTIH Energy is seeking to raise $5 million from a share purchase plan after already raising $25 million from a a Euroz Securities-managed placement, which was not underwritten. 

The Tanami gas pipeline heading to the power station built, owned and operated by Zenith

The Tanami gas pipeline heading to the power station built, owned and operated by Zenith

It is seeking to raise the funds on the same terms at a price close to its lowest level in a year.   The company will issue around 43 million shares over two tranches to strengthen its balance sheet...

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