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AWE launches A$48m capital raise

By:  
Creamer Media Senior Deputy Editor: Australasia
 
OIL & GAS
Oil and gas explorer and producer AWE is hoping to raise about A$48-million through an institutional share placement and a share purchase plan (SPP). The ASX-listed company on Wednesday announced that it would issue 76.9-million shares, at a price of 50c each to institutional investors, to raise an initial A$38-million.
 
 
 
 
 

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