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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 Construction
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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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