Buru completes Placement of AUD15 million and launches SPP to raise a total of up to AUD 20million 30 Apr 2021 Buru Energy has announced a successful share placement, receiving firm commitments from institutional, professional and sophisticated, investors to raise a total of $15 million before costs. The Company will also undertake a Share Purchase Plan (SPP) of up to $5 million for existing shareholders. HIGHLIGHTS Share Purchase Plan to raise up to $5million opening on 6 May 2021 Funds raised to strengthen Buru’s balance sheet for 2021 exploration and development program and subsequent activities The Placement attracted strong support from domestic and international institutional investors, as well as sophisticated and professional investors, with bids significantly above the Placement limit.