New Guinea Energy Ltd (ASX: NGE)

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Initial Public Offer of 68,000,000 Shares at $0.25 per share to raise $17,000,000, with a maximum subscription of 80,000,000 shares at $0.25 per share to raise a maximum of $20,000,000 

New Guinea Energy Ltd (ASX: NGE) (Oil & Gas)

IPO -

Martin Place Securities is pleased to advise its participation as Broker and Lead Manager to the Issue on behalf of New Guinea Energy Limited in its IPO and anticipated Listing on the ASX. An outline of the Company and its strategies is outlined in the Prospectus and is available on the Company’s website www.ngenergy.com.au  

Summary of Total Offer

Unit Price: A$0.25
Total Units on Offer: 68,000,000
Raising: $A17,300,000

Head Broker:

Barry Dawes
bdawes@mpsecurities.com.au
+61 2 9222 9111

About this Capital Raising

  • IPO
  • December 28, 2007 17:00
  • 17,300,000