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Pancontinental Announces $1.6 Million Raised Via Convertible Note Issue

- $1.6 million raised from sophisticated investors on attractive terms to the Company

- Pancontinental is well funded for an active period leading up to receipt of a previous asset sale payment of circa A$ 7.0 million, due in September

Pancontinental Oil & Gas NL (ASX:PCL) (“Pancontinental” or the “Company”) is pleased to announce it has received commitments from sophisticated investors to raise A$1.6 million via an issue of unlisted, unsecured convertible notes (the “Issue”).


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