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Botala Energy Secures Government Stake and $1.5M to Fuel Botswana Gas Project
6:16pm on Friday 31st of October, 2025 AEDT
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Energy
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Botala Energy Secures Government Stake and $1.5M to Fuel Botswana Gas Project
6:16pm on Friday 31st of October, 2025 AEDT
Key Points
Successful dewatering of second Pitse well confirms sustained gas flow potential
Botswana government’s Mineral Development Company to acquire 15% stake
$1.5 million placement raised with strong board and CEO participation
Mining licence granted for 10 years with renewal options
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