Brief: Pancontinental Energy Completes Bookbuild To Raise Up To A$5 Million Through Placement

Pancontinental Energy NL

15/05/2023 01:04

May 15 (Reuters) - Pancontinental Energy NL  PCL.AX :
    * COMPLETED A BOOKBUILD TO RAISE UP TO A$5 MILLION THROUGH A
PLACEMENT
    * PLACEMENT AT AN ISSUE PRICE OF A$0.01 PER SHARE
    * FUNDS RAISED WILL BE USED FOR EXPLORATION AND COSTS
ASSOCIATED
WITH PEL 87 OFFSHORE NAMIBIA

Source text for Eikon:  ID:nASX199By5 
Further company coverage:  PCL.AX 

 ((Reuters.Briefs@thomsonreuters.com;))