New Zealand Oil & Gas Limited (NZX: NZO, ASX: NZO) announces an equity raising of up to NZ$25 million through a 1-for-2.7625 renounceable rights offer.
Included in this announcement:
- Offer announcement;
- Investor presentation;
- Cleansing Notice; and
- NZX Corporate Action Notice
For further information please contact the Company on:
email [email protected]
phone +64 4 495 2424
The S&P/NZX 50 Index is down 1.5% since the beginning of the year.
Pacific Edge is on a trading halt until Monday.
The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.
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