NuEnergy Gas Limited (AU:NGY) has released an update.
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NuEnergy Gas Limited successfully closed its entitlement offer, raising nearly $6 million by issuing new shares at $0.02 each. This offering resulted in the distribution of 299,749,949 new ordinary shares, increasing the total to 1,780,705,446 shares. Shareholders can expect to receive their holding statements shortly after the offer’s completion.
For further insights into AU:NGY stock, check out TipRanks’ Stock Analysis page.