NuEnergy Completes Share Offer, Raises $6 Million

NuEnergy Gas Limited (AU:NGY) has released an update.

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.

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