Finder Energy Holdings, an oil and gas explorer capitalised at $295 million on the ASX, has sent out Barrenjoey Capital Partners, Canaccord Genuity and Petra Capital to drum up fresh cash.
Fund managers have been displayn terms for a $30 million two-tranche placement priced at 50¢ per share. That’s a 15.3 per cent discount to the Finder’s last close. It would be followed by a $3 million share purchase plan.
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