By Marisa Wong
Milwaukee, Feb. 22 - Antares Energy Ltd. announced it completed a placement of 30 million shares to raise A$19.2 million.
There was overwhelming demand for the shares, according to a company news release.
Patersons Securities was lead manager of the offering.
Antares is an oil and gas exploration company based in West Perth, Australia.
| Issuer: | Antares Energy Ltd.
|
| Issue: | Shares
|
| Amount: | A$19.2 million
|
| Shares: | 30 million
|
| Warrants: | No
|
| Agent: | Patersons Securities
|
| Settlement date: | Feb. 22
|
| Stock symbol: | Australia: AZZ
|
| Stock price: | A$0.76 at close Feb. 22
|
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