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Oilex acts quickly to ensure it has cash

Launches capital raising and renegotiates terms of loans

paul hunt
Oilex-Irish-Sea.png

Oilex-Irish-Sea.png

  Yesterday the oil and gas explorer, which is dual-listed on the ASX and London Stock Exchange sub-market AIM, told shareholders it was looking to raise A$500,000 through a placement of 227.3 million...

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