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Australian Oil Raises $155,000 via Share Purchase Plan for Queensland Exploration

8:31am on Wednesday 24th of June, 2026 AEST Energy
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Australian Oil Raises $155,000 via Share Purchase Plan for Queensland Exploration

8:31am on Wednesday 24th of June, 2026 AEST
Key Points
  • SPP raised $155,000, below $250,000 target
  • 54.4 million new shares issued at $0.0029 each
  • Free-attaching options offered, pending shareholder approval
  • Funds earmarked for Surat Basin exploration
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