Global Oil and Gas shakes tin for Canning Basin opportunities

GLOBAL Oil and Gas has received firm commitments for a share placement to raise A$1.1 million to be used for working capital, the advancement of its Georgina Basin Helium Project in the Northern Territory, and to fund new opportunities in the Canning Basin.

Global Oil and Gas shakes tin for Canning Basin opportunities Global Oil and Gas shakes tin for Canning Basin opportunities Global Oil and Gas shakes tin for Canning Basin opportunities Global Oil and Gas shakes tin for Canning Basin opportunities Global Oil and Gas shakes tin for Canning Basin opportunities

The company said on Friday it had received firm commitments to place 100 million fully paid ordinary shares at an issue price of 1.1c.