Energy and Minerals Australia Limited (ASX:EMA) $12 Million Capital Raising and Elimination of $24.5 Million in Debt
Energy and Minerals Australia Limited (ASX:EMA) is pleased to announce that it has entered into a binding term sheet with Forrest Family Investments Pty Ltd, an Andrew Forrest entity within the Minderoo Group, to raise $12 million by way of an equity capital raising (Placement).