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Galilee Energy successful A$13M capital raise

GALILEE Energy has successfully raised A$13 million through a targeted private placement to be used on the company's forward exploration program at its Glenaras gas project in Queensland.

paul hunt
Galilee Energy successful A$13M capital raise

  The company entered into placement subscription agreements with a number of institutions and investors for the issue of 20 million shares at an issue price of 60c per share, a 5% premium to the 10-day...

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