Samson Oil & Gas Ltd. - 2013-08-20

Description

Placed some 318.5 million new shares and some 127.4 new options at AU$0.04 each and expiring 2017 comprising a portion of the shortfall from the rights issues on May 31. Patersons Securities Ltd. is corporate adviser and lead manager. Carter Terry & Co. is placement agent. Proceeds will be used to fund planned infill development drilling programs on its North Stockyard and Rainbow Projects.

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Estimated Price
$7.1MM
Financing Type
Report Date