Junior oil and gas outfit, First Australian Resources has announced a general meeting of members ...
On the agenda will be the ratification of a previous placement of 9,200,000 shares at 14c per share. In addition, directors of FAR will be seeking shareholder approval for the issue of 30,000,000 shares at 14c before the 31 July and 20c if exercised between 1 August and 31 July, 2003.
Recently, FAR agreed to participate in the drilling of an exploration well, along with three other Australian companies later this month, in offshore south-west China.
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