Falcon Oil & Gas Ltd raises £15.6m ($20.5m) in fundraising for Australian operations and new opportunities.

Falcon Oil & Gas Ltd completed a fundraising, raising £15.6m ($20.5m) in gross proceeds. The funds will be used to advance the company's operations in Australia and pursue new opportunities. The fundraising was through a placing of 285,714,286 new ordinary shares at 5.45 pence per share. However, the announcement is subject to regulatory restrictions and is not for publication or distribution in certain jurisdictions.

April 22, 2024
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