Archive: 27/04/2022

New Zealand Oil & Gas Announces Up To NZ$25 Million Equity Raise

Posted on 27 April 2022

  • Multiple growth projects across New Zealand and Australia
  • 1-for-2.7625 renounceable rights offer at NZ$0.42 per share
  • Pro rata to existing shareholders with opportunity to apply for unaccepted shares under oversubscription facility
  • Cornerstone shareholder to take its full entitlement (subject to regulatory restrictions)
  • Conversion to full ASX listing in progress

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