Seed Raisings raise funds for Companies that have not yet listed on a public Stock Exchange. Funds are usually raised over a period of time in order to provide the company with capital to continue development of their projects as well as to provide for running costs. Investment in Seed Capital Raisings is highly speculative and is ONLY open to institutions or professional or sophisticated investors. Please contact a Broker at Martin Place Securities for more information. All Seed Raisings are made under Sections 707 & 708 of the Corporations Act 2001.
Falcon Australia Pty Ltd
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CODE
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PRICE
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OPEN
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CLOSE
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$ US 1.00
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2009-11-11
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2009-12-11
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Falcon Australia, the wholly owned subsidiary of TSX Listed Falcon Oil and Gas, has 75% of EP 76,98,99 and 117 in the Beetaloo Basin in the Northern Territory with US Listed Petrohunter Energy Corporation (through its wholly-owned subsidiary Sweetpea Petroleum Pty Ltd) owning 25%. The interest will be merged into Falcon Australia, with Falcon Oil and Gas owning 75% and PetroHunter owning 25%. Falcon Australia is seeking up to US$30m in Pre-IPO capital, prior to a listing on the ASX in 2010.
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Further Information:
Contact Advisor: Anthony Hargreaves
Download MPS Company Information
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