Greenearth Energy
Full Greenearth Energy profile here
Greenearth Energy (ASX: GER) is a diversified Australian renewable energy company that has interests in conventional geothermal resources in Australia, Indonesia and the wider Pacific Rim.
The company also has technology opportunities and project applications in the waste heat recovery, energy efficiency, combined heat and power solar, and CO2 to fuel conversion markets.
Greenearth Energy extends closing date for rights issue
Friday, October 14, 2011
Greenearth Energy (ASX: GER) has extended its non-renounceable rights issue lodged on 14th September until 5pm on 4th November 2011, after initially contemplating a closing date of 17th October.
Greenearth will raise up to $3,603,270 through a non-renounceable 1 for 2 rights issue of 45,040,886 new shares at $0.08 per share for advancing its clean energy projects and technologies.
In addition, a non-listed incentive option will be issued for no additional consideration for every new share, exercisable at $0.05 each at any time during the period from 15 April 2012 to 15 October 2012.
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