EXPLORATION

Brookside Swishes further into Oklahoma

BROOKSIDE Energy has succeeded in closing a heavily oversubscribed placement, receiving commitments from existing shareholders and new institutional and sophisticated investors to raise A$3.16 million before costs.

Helen Clark

Successful share placement funds further acreage and new area of interest in Oklahoma

It will see 197 million new shares, prices at 1.6c issued, plus one option per share. The Perth-based company said the funding would enable it to pursue a ‘step change' in its strategy with the addition...

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