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ADX Energy Raises A$4.4M to Accelerate Austrian Drilling and Oslo Dual Listing
9:44am on Friday 13th of March, 2026 AEDT
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Energy
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ADX Energy Raises A$4.4M to Accelerate Austrian Drilling and Oslo Dual Listing
9:44am on Friday 13th of March, 2026 AEDT
Key Points
A$4.4 million raised via placement to sophisticated and institutional investors
Funding allocated to Welchau-1 evaluation and HOCH-1 drilling in Upper Austria
Preparation for two additional shallow gas wells and seismic data purchases in Sicily Channel
Plans for dual listing on Oslo Børs’ Euronext Growth market to broaden investor base
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