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Petratherm announce capital raising results PDF Print E-mail
Sunday, 15 April 2007
Petratherm Limited announced  that it has raised another $3.0m (before expenses) through a successful share placement, and proposes a share purchase plan for existing shareholders.
 
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Panax Geothermal Ltd declared its proposed acquisition of Osiris Energy Ltd unconditional. Originally, the merger was conditional upon PAX raising a minimum of $20 million for development funding. The proposed merger remains subject to approval by the PAX shareholders.
 

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