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Comet Ridge Completes $40.9 Million Raise to Finalise Mahalo Acquisition
8:47am on Thursday 30th of July, 2026 AEST
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Energy
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Comet Ridge Completes $40.9 Million Raise to Finalise Mahalo Acquisition
8:47am on Thursday 30th of July, 2026 AEST
Key Points
Share Purchase Plan raises $875,750 at $0.1025 per share
Total capital raised reaches $40.9 million before costs
Tranche 2 funding and option issuance subject to shareholder approval
Funds earmarked for Mahalo Gas Project acquisition and development
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