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Australian Oil Raises $800K to Accelerate California Growth Plans
7:01am on Friday 24th of October, 2025 AEDT
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Energy
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Australian Oil Raises $800K to Accelerate California Growth Plans
7:01am on Friday 24th of October, 2025 AEDT
Key Points
Two-tranche capital raising totaling $800,000 before costs
Shares issued at $0.0021 and $0.0013 per share respectively
Options offered exercisable at $0.004, subject to shareholder approval
Funds targeted at Californian operations and production optimization
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Australian Oil Company (ASX:AOK)
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