middle.news

Key Petroleum Advances Queensland PCA Applications, Launches A$312K Rights Issue Amid Tight Cash

5:50am on Monday 2nd of June, 2025 AEST Energy
Read Story

Key Petroleum Advances Queensland PCA Applications, Launches A$312K Rights Issue Amid Tight Cash

5:50am on Monday 2nd of June, 2025 AEST
Key Points
  • Eight PCA applications submitted over ATP 920 and ATP 924, now under assessment
  • Non-renounceable pro-rata entitlement offer launched to raise approximately A$312,225
  • Cash balance at quarter-end was critically low at A$20,000
  • Exploration and evaluation expenditure totaled A$68,000 for the quarter
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Key Petroleum (ASX:KEY)
OPEN ARTICLE