Kairiki Energy to raise $12.1m
Perth-based oil and gas minnow Kairiki Energy has announced a $12.1 million capital raising to pay back company debts and provide additional working capital.
Kairiki announced today it would offer existing shareholders nine new shares for every two shares held, with the rights issue slated to be partially underwritten to $9 million.
I'd like to register please
8 free articles per month + business email alerts twice daily
us on +61 8 9288 2100 during WST office hours