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Botala funds next Serowe gas test with A$1.35m placement
9:43am on Friday 23rd of October, 2026 AEDT
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Energy
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Botala funds next Serowe gas test with A$1.35m placement
9:43am on Friday 23rd of October, 2026 AEDT
Key Points
A$1.35 million placement priced at A$0.045 per share
Funds directed to Serowe-3.5B flow testing and maiden reserves certification
Phase 2 Bankable Feasibility Study to be finalised
Board and management subscribed for A$0.4 million, subject to approval
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Botala Energy (ASX:BTE)
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