Brief: Metgasco Received Firm Commitments To Raise Approximately A$1 Mln
May 10 (Reuters) - Metgasco Ltd MEL.AX :
* RECEIVED FIRM COMMITMENTS TO RAISE APPROXIMATELY A$1
MILLION
* PLACEMENT AT AN ISSUE PRICE OF A$0.005 PER PLACEMENT SHARE
* COMPANY IS UNDERTAKING AN SPP AT AN ISSUE PRICE OF A$0.005
PER
SPP SHARE
* AT THIS STAGE, MAXIMUM AMOUNT SOUGHT TO BE RAISED UNDER
SHARE
PURCHASE PLAN A$1.5 MILLION
Further company coverage: MEL.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Metgasco
See all newsBrief: Metgasco Requests Trading Halt
Brief: Metgasco Announces Termination Of PTSA With Vintage
Brief: Vintage Energy Gets Metgasco Shareholder Approval For Southern Flank Interests Sale
Brief: Vintage Energy Entered Formal Sale Agreement With Metgasco To Purchase Metgasco Sale Interest
Australia's Metgasco soars to 10-day high on licence interest sale