Australis Oil and Gas (ASX:ATS) raises $7.5M, opens SPP
Australis Oil and Gas (ASX:ATS) raises $7.5M, opens SPP SubscribeBe the first with the news that moves the market Australis Oil and Gas (ATS) has raised $7.5 million through the first tranche of a placement announced at the start of the month 150 million new shares were issued to sophisticated and institutional investors at 5 cents under the first tranche Roughly 13.5 million shares will be issued under the second tranche to raise a further $675,000, however, ATS must first receive approval from shareholders Additionally, the energy stock has opened up its share purchase plan to raise anothe...