Melbana Energy Limited (ASX: MAY) (Melbana) is pleased to announce that its fully underwritten non-renounceable entitlement issue closed on Friday, 3 September 2021.
The Entitlement Offer was a pro-rata entitlement issue of two (2) Shares for every thirteen (13) Shares held at an issue price of $0.02 per Share to raise up to $7.1 million with one (1) free attaching New Option for every two (2) Shares subscribed for and issued.
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