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How Will Amplitude Energy Deploy $131M to Expand East Coast Gas Supply?
9:28am on Wednesday 24th of September, 2025 AEST
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Energy
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How Will Amplitude Energy Deploy $131M to Expand East Coast Gas Supply?
9:28am on Wednesday 24th of September, 2025 AEST
Key Points
Raised $131 million from institutional investors at $0.24 per share
93% take-up of institutional entitlements under the offer
Funds targeted at East Coast Supply Project expansion and Patricia Baleen restart
Fully underwritten retail entitlement offer to raise an additional $20 million
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Amplitude Energy (ASX:AEL)
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