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Botala Energy Secures $1.5M to Push Serowe CBM Drilling Forward
9:10am on Monday 18th of August, 2025 AEST
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Energy
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Botala Energy Secures $1.5M to Push Serowe CBM Drilling Forward
9:10am on Monday 18th of August, 2025 AEST
Key Points
A$1.5 million raised via placement at A$0.059 per share
Directors and CEO to subscribe for A$435,000, pending shareholder approval
Funds allocated to drilling Serowe-3.5B and JSH-1 wells
Advancement of Bankable Feasibility Study for LNG development
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Botala Energy (ASX:BTE)
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