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Nido Petroleum Ltd Announces Issuance Of New Shares

Sunday, 3 Feb 2013 10:12pm EST 

Nido Petroleum Ltd announced that that it has issued 221,641,122 Fully paid ordinary shares at an issue price of AUD 0.027 per share. A capital raising through a placement for the purposes of funding the Company’s participation in the Galoc Phase II project, the Galoc North near-field exploration opportunity and West Linapacan A Front End Engineering and Design work as set out in the Company’s Notice of Meeting lodged with the ASX on December 20, 2013. 

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