Argonaut has been successful in the Placement of A$53 million (before issue costs) for Sino Gas & Energy Holdings Limited (ASX: SEH) (“Sino Gas”) via a two tranche Placement of 265 million new ordinary shares at an issue price of A$0.20 per share, together with joint lead manager, Euroz Securities. Argonaut congratulates Sino Gas on raising $53m. This is a tremendous milestone for the Company.
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