Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)
Lithium
43.53
0.36%
Gold
2,668.20
0.18%
Copper
4.34
(1.39%)
Oil
70.09
(1.99%)
Bitcoin
67,013.80
1.44%
FTSE 100
8,254.71
(0.46%)
Nikkei 225
39,910.55
(0.34%)
Dow Jones
42,841.93
(0.92%)
Iron Ore
106.40
(1.11%)
USD/AUD
0.67
(0.1%)
Hang Seng
20,318.79
(3.46%)

Finder Energy (ASX: $FDR) places shortfall to raise $2 million

Finder Energy's Shortfall Placement Announcement


Finder Energy Holdings Limited (ASX:FDR) has successfully completed the placement of 41,666,667 fully paid ordinary shares at $0.048 per share, raising approximately $2 million to Eligible Institutional Investors pursuant to the Shortfall Facility under the Entitlement Offer. The total raised from the Entitlement Offer amounts to approximately $6 million before costs.

Executive Commentary


The shortfall placement was well received, attracting interest from new institutional investors. Finder welcomes our new shareholders to the register ahead of an exciting period of activity and growth. A total of 2,187,501 shares were applied for by directors under the shortfall, with the placement of these shares subject to shareholder approval at the upcoming Annual General Meeting (AGM). We would like to thank JP Equity Holdings Pty Ltd for their role as Lead Manager for the shortfall placement.

Summary of Shortfall Placement


Finder Energy Holdings Limited successfully completed the placement of 41,666,667 fully paid ordinary shares at $0.048 per share, raising approximately $2 million through the Shortfall Facility under the Entitlement Offer. The placement was well received, attracting interest from new institutional investors. The total raised from the Entitlement Offer amounts to approximately $6 million before costs. The company looks forward to an exciting period of activity and growth, with the placement of shares to directors subject to shareholder approval at the upcoming AGM. The shares placed under the shortfall (except for those to directors) will be issued on Friday, 27 September 2024, and commence trading on Monday, 30 September 2024. Subject to shareholder approval, the issue to Finder directors will occur as soon as practicable after the AGM.

FINDER ENERGY HOLDINGS LIMITED
FDR | ASX | Energy
0.0516.9388939039072E-18(+0%)
At close 14/10 (AEDT)
Market cap
$14.4M
Volume
1,461,650
DY Yield
PE Ratio
52 Week Range
0.044 - 0.095
1YR Return
N / A

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