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Key Petroleum Advances Queensland PCA Applications, Launches A$312K Rights Issue Amid Tight Cash
5:50am on Monday 2nd of June, 2025 AEST
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Energy
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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
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