06/06/2017 - 06:15

Azonto raises $2.25m above market for Canada oil and gas play

06/06/2017 - 06:15

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A guaranteed $2.25 million equity injection has secured Azonto Petroleum’s rebirth as Calima Energy with a stake in one of the hottest new shale plays in North America. The capital raising was a key part of a series of deals announced last month that will launch the company as a player in Canada’s Montney Formation, a liquids-rich oil and gas basin of staggering proportions.

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