MARKETS

American Patriot rights issue dispute still ongoing

AMERICAN Patriot Oil & Gas has settled a claim from the underwriter of its unsuccessful capital raise in August last year, paying out the claimant and its clients a total of US$1.1 million of a $1.4 million settlement amount.

American Patriot rights issue dispute still ongoing

 In August last year AOW announced a fully underwritten rights issue to raise $3 million, but when existing shareholders only subscribed for 21 million shares worth $532,726, the company issued a shortfall...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry