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Buru Energy expected to raise $35m new equity

Sarah Thompson, Anthony Macdonald and Gretchen Friemann
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Buru Energy is thought to be seeking about $35 million in fresh equity through Deutsche Bank.

The oil and gas explorer went into a trading halt on Thursday morning, asking for its shares to remain off the ASX boards until it had locked in a forward funding program.

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Original URL: https://www.afr.com/companies/financial-services/buru-energy-expected-to-raise-35m-new-equity-20130808-ijb3j