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Elixir Energy Raises $16.6M to Fast-Track Taroom Trough Gas Development
8:27am on Wednesday 26th of November, 2025 AEDT
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Energy
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Elixir Energy Raises $16.6M to Fast-Track Taroom Trough Gas Development
8:27am on Wednesday 26th of November, 2025 AEDT
Key Points
Two-tranche placement raising $16.6 million at $0.041 per share
Omega Oil & Gas to hold 19.43% post-transaction
Capital to fund Lorelle-3 appraisal well drilling and Phase 2 development
New board appointments and governance protections for shareholders
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