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Can Metgasco’s $750K Raise Unlock New Gas Production at Odin and Vali?
2:53am on Monday 2nd of June, 2025 AEST
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Energy
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Can Metgasco’s $750K Raise Unlock New Gas Production at Odin and Vali?
2:53am on Monday 2nd of June, 2025 AEST
Key Points
Partially underwritten entitlement offer to raise $750,000
Offer allows one new share for every 3.89 shares held at $0.002 per share
Funds to support scale removal and production optimization at Odin and Vali fields
PAC Partners underwriting half the offer with sub-underwriting by major shareholder
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