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BRIEF-Emperor Energy Prepares To Undertake Small Capital Raise

Published 30/04/2020, 09:34 pm
© Reuters.
EMP
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April 30 (Reuters) - Emperor Energy Ltd EMP.AX :

* PREPARING TO UNDERTAKE SMALL CAPITAL RAISE TO MEET ITS ONGOING CASH FLOW OBLIGATIONS FOR NEXT THREE MONTHS

* REDUCED COSTS ACROSS BUSINESS; WILL SEEK RELIEF FROM CONTRACTED COSTS GOING FORWARD

* CONTINUING TO WORK WITH APA GROUP, MOVING TOWARDS COMMENCEMENT OF PRE-FRONT END ENGINEERING TO DEVELOP JUDITH GAS FIELD

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