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David Wall from 88 Energy says the placement strongly positions the company as it prepares for drilling at the Charlie-1 well.

88 Energy to raise $6.75m

Alaska-focused oil and gas explorer 88 Energy, formerly Tangiers Petroleum, has announced it will raise $6.75 million through a share placement to fund operations at its flagship Project Icewine venture.

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88 Energy (88E)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

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