88 Energy Limited announces major fundraising initiative to expand operations

88 Energy Limited announces major fundraising initiative to expand operations

88 Energy Limited, a prominent player in the energy sector, has announced its intention to raise up to A$9.8 million (approximately £5.23 million) through a placing of new ordinary shares. This strategic financial move is aimed at supporting the company’s ambitious expansion plans, including the advancement of its Project Phoenix and operations in Namibia. Strategic […]