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Buru Energy Secures $2.1M Placement, Eyes $3M SPP to Propel Rafael Gas Project
8:50am on Monday 1st of September, 2025 AEST
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Energy
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Buru Energy Secures $2.1M Placement, Eyes $3M SPP to Propel Rafael Gas Project
8:50am on Monday 1st of September, 2025 AEST
Key Points
Completed $2.1 million share placement at 2.0 cents per share
Launched $3 million Share Purchase Plan for existing shareholders
Placement and SPP shares come with attaching options subject to shareholder approval
Funds to support key development activities under Strategic Development Agreement with CEFA
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