Finder Energy Expands with Timor-Leste Acquisition

Finder Energy Holdings Limited (AU:FDR) has released an update.

Finder Energy Holdings Limited announces a major acquisition of a 76% interest and operatorship in the offshore Timor-Leste oil fields PSC 19-11, accompanied by a non-underwritten entitlement offer to raise approximately A$6.0 million. The capital raised is intended to support the acquisition and further the company’s growth in the energy sector. Investors are advised that this document is for information only, does not constitute an offer, and should read it in conjunction with Finder’s other disclosures.

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