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Botala funds next Serowe test with A$1.5m shareholder offer
8:45am on Monday 9th of November, 2026 AEDT
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Energy
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Botala funds next Serowe test with A$1.5m shareholder offer
8:45am on Monday 9th of November, 2026 AEDT
Key Points
A$1.35 million placement completed, with director allocations still awaiting shareholder approval
SPP targets up to A$1.5 million at A$0.045 per share
Funds to support Pitse Pilot flow testing, production activities and priority drilling
Eligible shareholders can apply for up to A$30,000, subject to possible scale-back
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Botala Energy (ASX:BTE)
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