MARKETS

ADX raises A$2.8M on placement

ADX Energy has finalised the placement of an extra 284.7 million shares at 1c per share to raise A$2.8 million so it may progress its Austrian projects.

ADX's Vienna acreage

ADX's Vienna acreage

ADX's last closing price on December 3 before it went into a trading halt was 1.1cps.  Funding will be used "for ongoing feasibility work relating to the Vienna Basin green hydrogen production and storage...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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