Vintage finishes SPP, prepares for Vali testing

VINTAGE Energy has successfully completed its A$750,000 share purchase plan closing heavily oversubscribed, with the funds to be spent on flow testing and fraccing of its Vali gas discovery in the Cooper Basin.

Vintage finishes SPP, prepares for Vali testing Vintage finishes SPP, prepares for Vali testing Vintage finishes SPP, prepares for Vali testing Vintage finishes SPP, prepares for Vali testing Vintage finishes SPP, prepares for Vali testing

Oversubscribed plan to fund crucial testing

 

Vintage offered shares at an issue price of 3.6 cents to raise $2.25 million from its share placement, and raised A$750,000 from the share purchase plan, for a grand total of $3 million.