Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00
Provider: Thomson Reuters Stock Report
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Tlou Energy Ltd announces equity raising to fund expanded pilot and core hole program at Karoo Central and additional working capital


Tuesday, 26 Nov 2013 05:20pm EST 

Tlou Energy Ltd:Says equity raising of up to approximately A$13.4 mln.Says the equity raising comprise of an institutional placement of up to 19.0 mln shares to raise about A$5.7 mln and a one for four accelerated non-renounceable entitlement offer via the issue of about 25.7 mln shares to raise about A$7.7 mln.Says the proceeds of the equity raising will be applied to an expanded pilot and core hole program at Karoo Central.Says in addition, the equity raising will be applied to corporate overheads and provide additional working capital.Says under the entitlement offer, eligible shareholders will be invited to subscribe for one new share at the issue price for every four Tlou ordinary shares held on Dec. 2. 

Company Quote

0.125
 --
6 Jul 2015