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Pilot Energy Secures $3.44M to Advance Cliff Head and Carbon Capture Plans
10:32am on Wednesday 28th of January, 2026 AEDT
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Energy
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Pilot Energy Secures $3.44M to Advance Cliff Head and Carbon Capture Plans
10:32am on Wednesday 28th of January, 2026 AEDT
Key Points
Placement raised $3.44 million at $0.0036 per share, a 10% discount
Funds allocated to Cliff Head operations, Capture 6 Direct Air Capture, and corporate costs
Placement oversubscribed with strong institutional and director support
Shareholder approval sought for director participation and option issuances
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PILOT ENERGY (ASX:PGY)
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