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RBR to raise cash as Mozambique projects delayed

OIL AND GAS workforce training contractor RBR Group has gone to market to sell 143 million shares to raise a combined around A$1 million as it looks to sure up its finances while the oil price crash and COVID-19 pandemic hits the Mozambique LNG industry.

RBR to raise cash as Mozambique projects delayed

  RBR is raising the cash through two tranches, a placement to sophisticated investors at 0.7 cents per share, and a seperate subscription offer to directors at the same price.  RBR Group said in...

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