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MARKETS

Norwest raises $2.75 million

AUSTRALIAN minnow Norwest Energy has today announced its capital raising structure to secure funds for the further development of the Lockyer Deep-1 gas exploration well onsite its Perth Basin acreage.

Jonathon Davidson
Norwest-Lockyer.jpg

Norwest-Lockyer.jpg

The company told the market this morning it had raised $2.75 million from sophisticated and professional investors, or rather its four largest shareholders.  Mining giant Mineral Resources is the largest...

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