Whitebark raises funds for Wizard Lake buy

WHITEBARK Energy has completed a share placement worth $310,000 to sophisticated and institutional investors so it can buy the Wizard Lake oil field it has been producing from for three years from its own subsidiary Salt Bush Energy. 

Whitebark raises funds for Wizard Lake buy Whitebark raises funds for Wizard Lake buy Whitebark raises funds for Wizard Lake buy Whitebark raises funds for Wizard Lake buy Whitebark raises funds for Wizard Lake buy
 
The placement was undertaken at 0.1c per share, or a third of what the ASX-listed minnow is currently suspended at. Every two shares come with one free attaching option priced at 0.