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Blue Energy Raises $3.2M to Power North Bowen Basin Drilling and Pipeline
4:11am on Saturday 30th of August, 2025 AEST
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Blue Energy Raises $3.2M to Power North Bowen Basin Drilling and Pipeline
4:11am on Saturday 30th of August, 2025 AEST
Key Points
Two-tranche placement raising $3.2 million at $0.005 per share
Chairman commits $200,000 to second tranche, pending shareholder approval
Share purchase plan aims to raise up to $250,000 from existing shareholders
Funds targeted for drilling preparations and North Bowen Basin pipeline project
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