logo-loader
viewReal Energy Corporation Ltd

Real Energy Corporation to finalise capital raising following Santos deal

The halt will remain in place until Tuesday 6th June 2017.

money_on_financial_documents,_sized_5930ad3169ce7.png
Real Energy recently entered an agreement with Santos

Real Energy Corporation (ASX:RLE) has been granted a trading halt by the ASX, pending details of a capital raising.

The company recently entered a non-binding Memorandum of Understanding with Santos (ASX:STO) allowing raw gas from Real Energy’s Windorah Gas Project to be processed into sales gas.

The halt will remain in place until the opening of trade on Tuesday 6th June 2017, or earlier if an announcement is made to the market.

Quick facts: Real Energy Corporation Ltd

Price: 0.024 AUD

ASX:RLE
Market: ASX
Market Cap: $8.48 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Archer Materials looking to raise 3 million offering a Share Purchase Plan

Archer Materials ( ASX: AXE) CEO Dr Mohammad Choucair joined Proactive’s Steve Darling with news the company is looking to raise capital in a Share Purchase Plan which began June 1st. That plan will allow eligible shareholders the opportunity to purchase new Archer shares at a price of $0.60 per...

1 day, 15 hours ago

2 min read