ADX, Reabold boosts funds in Danube

ADX Energy and Reabold Resources have agreed to funding arrangements for their Danube Petroleum joint subsidiary, ensuring the continuation of appraisal work at the Iecea Mica-1 and -2 wells as well as a review of new opportunities in onshore Romania.

ADX, Reabold boosts funds in Danube ADX, Reabold boosts funds in Danube ADX, Reabold boosts funds in Danube ADX, Reabold boosts funds in Danube ADX, Reabold boosts funds in Danube

Share increase to help fund further appraisal wells

 
The ASX listed junior told the market Reabold is chipping in by subscribing to 810,811 Danube Shares at an issue prices of £1 (A$1.