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Pacific Energy closes rights issue oversubscribed, as it kicks off WA lithium work

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Pacific Energy's plant at the Savannah nickel project

Pacific Energy's plant at the Savannah nickel project

The company was seeking to raise A$21.4 million in the one-for-nine offer, but received applications for $26.6 million. The rights issue was a condition of a new $140 million debt facility provided...

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