Strike investors come to party

FOLLOWING yesterday’s announcement that Strike Energy would make an off market tilt at fellow junior UIL Energy, the company has successfully raised gross proceeds of $13 million through a placement, fulfilling its obligations to raise capital as set out in the takeover agreement and raising proceeds to fund drilling projects in the Perth and Cooper Basins.

Strike investors come to party Strike investors come to party Strike investors come to party Strike investors come to party Strike investors come to party
 
Capital will be used to support the drilling of the West Erregulla-2 well in the Perth Basin and to complete the piloting activities of the Jaws wells at the Southern Cooper Basin Gas

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