It said it has added new shareholders to the register.
An invaluable asset to Australasia's oil and gas sector
Subscribe today and enjoy full access to EnergyNewsBulletin.net - the most comprehensive source of energy sector news and information.
BLUE Energy raised $10 million via an institutional placement valued at 5c per share, issuing 200 million new shares. The price is a 15.3% discount to the 30-day volume weighted average price ended Friday. It represents 15% of current issued capital.
It said it has added new shareholders to the register.