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BTE - Botala Energy

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Botala Energy Ltd is a coal bed methane (CBM) exploration and development company focused on developing production from the Serowe CBM Project located in Botswana (and related early-stage renewable energy opportunities). On Admission to the ASX, the Company will hold a 70% interest in the Serowe CBM Project, which is located in a high grade CBM region of Botswana.

The Serowe CBM Project covers approximately 4,100 square kilometres of CBM prospecting licenses in the Karoo-Kalahari Basin in Central Botswana.

It is anticipated that BTE will list on the ASX during July 2022.

 
Listing date14 July 2022 ; 11:00 AM AEST ##
Contact details Ph: 08 6444 6645
Principal ActivitiesCoal-bed Methane (CBM) exploration and development
GICS industry groupTBA
Issue PriceAUD 0.20
Issue TypeOrdinary Fully Paid Shares
Security codeBTE
Capital to be Raised$7,000,000
Expected offer close date14 June 2022
UnderwriterNot underwritten. GTT Ventures Pty Ltd(Lead Manager).
 
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