| GRE announcement |
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| Thursday, 08 February 2007 | |
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On Friday 9th, Green Rock Energy Ltd announced that their recent Private Placement and Rights Issue was successfully completed, adding $4,024,380 to their coffers to finance their Hungarian and Australian projects. They also announced a new significant shareholder; Australian Ethical Investments Ltd, now holds 9.1% of GRK.
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| More heat flow results for eastern Tasmania have been released by KUTh Energy Ltd. The new results confirm the trend of heat flow greater than 90 mW/m2 in KEN’s exploration licences, which now hold a prospective ‘Hot Rock’ geothermal zone at least 4,200 km2 in area. |