Denver 1800 hours April 12th, 2016, Perth 0800 hours April 13th, 2016
Samson Oil and Gas Limited has agreed to place 1,890,102 million ADSs, representing 378,020,400 ordinary shares in a Registered Direct Offering to several institutional investors in the United States at US$0.74 per ADS (A$0.00485 per ordinary share) for gross proceeds of $1.4 million. The offering is expected to close and the shares issued today, April 13th.
Funds ready to put to good use.
SSN Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
