Now, who was that adamant 'expert' who said there would be a definite cap raise before end of May?
Full of sheet as usual.
"Austin secures AUD$860,000 loan facility to fund field operations and completes acquisition of Florence oil field • Low-cost financing arrangement secured with ANB Bank to fund current development activities and provide necessary capital to underpin ongoing operations • Financing obtained on favourable terms – reflects AKK’s shift from an exploration to a production company, as well as ANB’s confidence in potential of the Pathfinder project • ANB has a long-standing association with AKK, and is one of the leading financial institutions in the Western United States • Company also confirms completion of purchase of Florence oil field from Incremental Oil and Gas • Austin pursuing large scale US-Based project financing to accelerate drilling program in 2017
AKK Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
