Melbana raises funds to progress Cuba drilling

MELBANA Energy has completed a placement to raise A$3.5 million, reporting demand in excess of funds sought, requiring a scaling back.

Melbana raises funds to progress Cuba drilling Melbana raises funds to progress Cuba drilling Melbana raises funds to progress Cuba drilling Melbana raises funds to progress Cuba drilling Melbana raises funds to progress Cuba drilling

Melbana raises funds for Alameda drilling

The issue of 194 million shares at 1.8c, a 14% discount, introduced a number of new institutional investors to the Melbana register.