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Peak Oil & Gas Ltd announces rights issue


Monday, 30 Dec 2013 08:28pm EST 

Peak Oil & Gas Ltd:Says it invites to participate in its non-renounceable pro rata rights issue of two new shares for every five shares held and registered at Jan. 06, 2014 at an issue price of A$0.01 per new Share (Rights Issue).Says the rights issue is fully underwritten by Octanex N L.Says the rights issue, of about 194,358,098 mln shares, will raise about A$1,943,000 (before costs) and be applied primarily to its North Sumatra South Block A exploration program and otherwise for working capital purposes. 

Company Quote

0.0040
-0.0010 -20.00%
28 Aug 2014