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Cantor Fitzgerald's Sam Wahab on Hurricane Energy's 'very significant' $520mln fundraise

Published: 21:26 03 Jul 2017 AEST

Cantor Fitzgerald analyst Sam Wahab discusses with Proactive Hurricane Energy Plc's (LON:HUR) US$520mln fundraise - which comprises a US$300mln share placing and US$220mln convertible bond.

Wahab says the new capital will help them move closer to producing from the large, undeveloped Lancaster oil field, in the West of Shetland region.

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

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