D3 Energy Raises AU$6.12 Million Amid Strong Investor Demand
D3 Energy Limited (ASX: D3E) has secured commitments to raise AU$6.12 million through a placement of 17 million shares priced at AU$0.36 each, with participation from both new and existing institutional investors. The offering attracted strong demand, exceeding the targeted allocation and marking the company’s first capital raise since its ASX listing in 2024. The funds will be used to support drilling activities at its South African asset, advance engineering studies for a helium and natural gas processing facility, and undertake seismic data acquisition across its Arckaringa Basin permits in South Australia. The pricing reflects a premium to the company’s IPO level, indicating investor confidence in its strategy and asset base. With tightening global helium supply and rising demand, the company aims to accelerate exploration and development across its portfolio.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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D3 Energy Raises AU$6.12 Million Amid Strong Investor Demand
D3 Energy Limited (ASX: D3E) has secured commitments to raise AU$6.12 million through a placement of 17 million shares priced at AU$0.36 each, with participation from both new and existing institutional investors. The offering attracted strong demand, exceeding the targeted allocation and marking the company’s first capital raise since its ASX listing in 2024. The funds will be used to support drilling activities at its South African asset, advance engineering studies for a helium and natural gas processing facility, and undertake seismic data acquisition across its Arckaringa Basin permits in South Australia. The pricing reflects a premium to the company’s IPO level, indicating investor confidence in its strategy and asset base. With tightening global helium supply and rising demand, the company aims to accelerate exploration and development across its portfolio.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au