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Lakes Blue Energy Raises $5.8M to Power Wombat Gas Project Forward

7:03pm on Friday 12th of September, 2025 AEST Energy
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Lakes Blue Energy Raises $5.8M to Power Wombat Gas Project Forward

7:03pm on Friday 12th of September, 2025 AEST
Key Points
  • Placement raised $5.8 million with strong investor support
  • Funds earmarked to progress Wombat Project towards near-term cash flow
  • Drilling at Wombat-5 well reveals significant gas shows
  • Placement includes $500,000 subscription linked to non-executive director
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