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Shale gas explorer Challenger Energy Ltd (ASX:CEL) announced that it has received commitments from shareholders to raise $900,000 via a private placement at $0.03 each. Challenger Energy, through its South African subsidiary Bundu Gas and Oil Exploration Pty Ltd, is the first explorer to apply for exploration rights in South Africa’s shale gas province Karoo Basin. Challenger will place of 30 million new fully paid ordinary shares at an issue price of $0.
South African-focused Challenger Energy Ltd (ASX:CEL) is heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare. The halt will remain in place until the opening of trade on Monday 21st March 2016, or earlier if an announcement is made to the market.
Israel is a developed economy that is part of the OECD. It has high demographic growth, low debt, high GDP per person and high HDI ranking.Over recent years Isr
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