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Talon Energy Says Received Firm Commitments For A$12 Mln Placement Of New Shares

Talon Energy Ltd (TPD.AX):

  • RECEIVED FIRM COMMITMENTS FOR A$12 MILLION PLACEMENT OF NEW SHARES

  • PLACEMENT AT OFFER PRICE OF A$0.14 PER SHARE

  • FUNDS RAISED FROM PLACEMENT TO BE USED TO PROGRESS COMPANY'S EXISTING PROJECT EXPLORATION AND DEVELOPMENT ACTIVITIES

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