logo-loader
viewElixir Energy Ltd

Elixir Petroleum to reveal proposed transaction, capital raising

au_australianhundreddollar350_53cee614b641b.jpg

Elixir Petroleum (ASX:EXR) has been granted a trading halt by the ASX, with its shares placed in pre-open.

Elixir requested the halt pending details of a proposed transaction and associated capital raising.

Recently the company completed a strategic review with a renewed focus on international new ventures.

The company holds a 100% working interest in the Moselle exploration licence onshore France and is currently reviewing several new venture opportunities.

The company has no debt and $900,000 cash at the end of March 2014.

The halt will remain in place until the opening of trade on Friday 25th July 2015, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Quick facts: Elixir Energy Ltd

Price: 0.038 AUD

ASX:EXR
Market: ASX
Market Cap: $19.03 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Clear Leisure PLC to launch 'digital twins' projects for London and Milan

Clear Leisure PLC (LON:CLP) chairman and CEO of Francesco Gardin tells Proactive London's Andrew Scott they're to launch two projects to develop 'digital twins' for London and Milan.  He says digital twins of other UK and European cities are expected to follow. Gardin says  the...

39 minutes ago

2 min read