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NewPeak Raises $1.14M to Back Exploration While Holding Firm on Lakes Stake

8:40am on Wednesday 9th of July, 2025 AEST Energy
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NewPeak Raises $1.14M to Back Exploration While Holding Firm on Lakes Stake

8:40am on Wednesday 9th of July, 2025 AEST
Key Points
  • NewPeak sells 1.65 million Lakes shares for A$1.14 million
  • Retains 11.89% stake in Lakes Blue Energy
  • Lakes secures funding and approval for drilling at Wombat Gas Field
  • Wombat Gas Field holds certified 2C recoverable resource of 329 Bcf
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