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.

Galilee Energy successful A$13M capital raise Galilee Energy successful A$13M capital raise Galilee Energy successful A$13M capital raise Galilee Energy successful A$13M capital raise 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,...