Comet ridge to raise CBM funds

Funding: Comet Ridge is looking to raise A$7.7 million through one-for-four entitlement offer

Alice Millikan

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Josh Lewis

 07 August 2012 03:49 GMT

Australian coalbed methane (CBM) explorer Comet Ridge has announced plans to raise up to A$7.7 million (US$8.1 million) to fund its ongoing exploration and appraisal activities.

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