On Wednesday, Red Sky said it had raised A$3.2 million through a rights issue and a further $1.1 million via a placement of 2.5 billion shares at 0.2 cents.
AUSTRALIAN onshore explorer and developer Red Sky Energy has successfully raised A$4.3 million for its acquisition of the Killanoola oil field in South Australia.
On Wednesday, Red Sky said it had raised A$3.2 million through a rights issue and a further $1.1 million via a placement of 2.5 billion shares at 0.2 cents.