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ADX lines up A$5.2 million for Austrian oil and gas growth
9:20am on Monday 2nd of November, 2026 AEDT
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Oil and Gas
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ADX lines up A$5.2 million for Austrian oil and gas growth
9:20am on Monday 2nd of November, 2026 AEDT
Key Points
2-for-5 rights issue priced at 1.2 cents per share
Up to A$5.2 million before costs, with only A$1 million underwritten
Funds earmarked for Vienna Basin work, HOCH-1 testing and GOLD-1 drilling
One free 2.5-cent option for every two shares subscribed
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