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Omega’s $14.6M Bet Accelerates Elixir Energy’s Taroom Trough Ambitions

11:32am on Tuesday 25th of November, 2025 AEDT Energy
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Omega’s $14.6M Bet Accelerates Elixir Energy’s Taroom Trough Ambitions

11:32am on Tuesday 25th of November, 2025 AEDT
Key Points
  • Omega Oil and Gas acquires 19.43% stake via $14.6M two-tranche placement
  • Nero Resource Fund adds $2M in conditional tranche 2 placement
  • Capital raise accelerates Phase-2 activities including Lorelle-3 horizontal sidetrack drilling
  • Pro-forma cash position estimated at $25 million plus R&D advance funding
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