MARKETS

Falcon raises $20M

FALCON Oil and Gas, the smaller joint venture partner alongside Origin Energy in the Beetaloo, has raised US$16 million to grow its balance sheet.

Beetaloo-Kyalla-Origin-Falcon.jpg

The company raised US$10 million via a private placement with Sheffield Holdings. A further US$6 million was raised by granting Sheffield a 2% royalty interest over Falcon's share of future production...

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