Nov 21 (Reuters) - Armour Energy Ltd (AJQ)
- Asx alert-cornerstone investor secured for capital raising program-ajq.ax
- m.h carnegie and co in agreement for up to $17.5m investment as part of a capital raising program of up to $40m
- Capital raising program of up to $40 million to fund startup of gas production from kincora project
- Under agreed terms, mh carnegie convertible notes subscription may total up to $17.5 million
- Armour energy-net proceeds will be primarily used to fund armour's ongoing development of kincora field assets
- Entities related to armour directors nick mather and stephen bizzell have also committed to subscribe for $1 million each
- Armour energy ltd - cornerstone investor secured for capital raising program-ajq.ax
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- News: AJQ Armour Energy Ltd updates on capital raising program of up to A$40 million
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