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Kinetiko lines up A$6 million to advance Brakfontein gas development

9:35am on Wednesday 28th of October, 2026 AEDT • Oil and Gas
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Kinetiko lines up A$6 million to advance Brakfontein gas development

9:35am on Wednesday 28th of October, 2026 AEDT
Key Points
  • A$400,000 received through the latest placement tranche
  • A$3.5 million share issue requires approval at the 27 November AGM
  • A$1.009 million Mulilo payment depends on Newcastle wind project financial close
  • Funds earmarked for Phase 1 CNG development, permitting and Cluster 2 drilling
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