Triangle Energy raises more than $150,000 through entitlement offer The entitlement offer gave holders the chance to subscribe for options at $0.001 each and on the basis of one new quoted option for every two shares held on the record date. Each new option will have an exercise price of $0.035 each and expire on August 4, 2023. Triangle Energy (Global) Ltd has raised more than $150,000 through a pro-rata, non-renounceable, fully underwritten entitlement offer. The entitlement offer gave holders the chance to subscribe for company options at an issue price of $0.001 each and on the basis of 1 new quoted option for every 2 shares held on the record date.