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RBR Group Raises $1.3M Amid Mozambique Turmoil and LNG Tender Push
5:59pm on Sunday 1st of June, 2025 AEST
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RBR Group Raises $1.3M Amid Mozambique Turmoil and LNG Tender Push
5:59pm on Sunday 1st of June, 2025 AEST
Key Points
Capital raising program raised $1.3 million targeting debt reduction and working capital
Mozambique elections and cyclonic weather disrupted business activity and revenue
Ongoing LNG project groundwork with bids submitted to Exxon and ENI
New investors onboard, including CEO Paul Natoli with a 10.6% stake
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