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(From Asia Pulse)
An executive briefing on energy for Nov 18, 2003, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
AUSTRALIA'S NOVERA ENERGY COMPLETES US$4.6 MLN SHARE PLACEMENT
SYDNEY - Renewable energy generator Novera Energy (ASX:NVE) today announced it completed a fully underwritten placement of 26 million new shares at 25 cents each to raise A$6.5 million (US$4.6 million).
Major shareholder Utilico Investment Trust underwrote the entire A$6.5 million placement, subscribing for eight million shares in its own right and ...