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Elixir Energy Raises $5m to Fund Testing and Strategic Review

9:08am on Wednesday 12th of August, 2026 AEST Energy
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Elixir Energy Raises $5m to Fund Testing and Strategic Review

9:08am on Wednesday 12th of August, 2026 AEST
Key Points
  • Placement raises $5 million at $0.04 per share
  • Funds allocated to Lorelle-3H soak and flow testing
  • Diona-1 artificial lift and testing pending JV approval
  • Strategic review to explore farm-outs, partnerships, or self-funding
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