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Panax Acquires Osiris PDF Print E-mail
Tuesday, 09 September 2008
Panax Geothermal has reached an agreement to acquire unlisted Osiris Energy Ltd, including OEL’s Penola Trough, Cooper Basin and other licences. The merger (valuing OEL at $14.8m) is subject to PAX raising a minimum $20m in new working capital.
 
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