EXPLORATION

Central cashed up to exploit Amadeus potential

CENTRAL Petroleum has conditionally raised $19.5 million to accelerate exploration at the Johnstone and Surprise project areas in the Amadeus Basin.

Marija Stojkovic

Central cashed up to exploit Amadeus potential

The company raised the funds with assistance from Patersons Securities via an oversubscribed placement and underwritten share purchase plan. The placement of 75 million shares at 8.6c per share to institutions...

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