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How TMK’s $6M Raise Could Unlock Gurvantes XXXV Gas Potential

10:12am on Thursday 19th of March, 2026 AEDT Energy
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How TMK’s $6M Raise Could Unlock Gurvantes XXXV Gas Potential

10:12am on Thursday 19th of March, 2026 AEDT
Key Points
  • Raised $6 million via oversubscribed placement at 17.2% discount
  • Cornerstone investment from experienced coal seam gas professionals
  • Funds to drill up to three additional pilot wells to boost gas output
  • Board to seek shareholder approval for additional $80,000 participation
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