Kairiki Energy Clinches $1.1MM Financing
Kairiki has reached agreement for the placement of 8,000,000 ordinary fully paid shares at an issue price of 14 cents per share to raise gross proceeds of $1,120,000. The funds raised from this issue will be used for working capital purposes. The placement has been arranged by Southern Cross Equities Limited to professional and sophisticated investors.
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- Shell Farms-In to Philippine Block for Nido-Kairiki JV; Swaps Rigs (Jan 31)
- Kairiki Appoints New Non-Executive Director (Aug 25)