27/03/2007 - 22:00

Carnarvon Petroleum Ltd - 21/03/2007

27/03/2007 - 22:00

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Carnarvon Petroleum Ltd - 21/03/2007
Announce it has reached agreement with Hartleys Limited to place 160 million ordinary shares in Carnarvon at an issue price of 7.7 cents per share, to raise approximately $12.32 million, principally to international and domestic institutional clients of Hartleys Limited.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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