KUTh Energy Limited lodged its prospectus with ASIC. The prospectus aimed to raise between $5.0m and $7.5m to develop KUTh’s projects in Tasmania and Queensland.
Chris Matthews will resign as CEO of Torrens Energy Ltd on 1st December. Chris isn’t going far — staying with TEY as Chief Geologist, in which role he will continue to provide technical expertise and assist with TEY’s business development.