Triangle Energy (Global) Ltd managing director Conrad Todd joins Jonathan Jackson in the Proactive studio to discuss a $5 million cap raise designed to advance its onshore Perth Basin projects ahead of drilling which is planned for the second quarter. Todd details the placement and upcoming entitlement offer. Notably, in a show of confidence, the directors have invested their own money into the raise. Todd then talks about how the funds will be used to advance exploration and drilling of the L7 and EP 437 assets and how the company is finalising the sale of the Cliff Head asset and what that means moving forward.
Triangle Energy raises $5 million ahead of Perth Basin drilling
