State Gas issuing 25M new shares

QUEENSLAND-based State Gas has completed an $8 million capital raise via a placement to sophisticated and leading energy investors.

State Gas issuing 25M new shares State Gas issuing 25M new shares State Gas issuing 25M new shares State Gas issuing 25M new shares State Gas issuing 25M new shares

Australian cash

State will issue 25 million new shares at an issue price of 32cps, which is a 15.8% discount to the last closing price and a 21.6% discount to the 30-day VWAP up to 21 September 2021.

topics

loader