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Kairiki completes $1.1m financing


Published May 13, 2009
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Kairiki Energy Limited

Kairiki Energy has reached agreement for the placement of 8,000,000 ordinary fully paid shares at an issue price of 14 cents per share to raise gross proceeds of $1,120,000.

The funds raised from this issue will be used for working capital purposes.

The placement has been arranged by Southern Cross Equities Limited to professional and sophisticated investors.

Tags: Kairiki Energy Limited



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