88 Energy Ltd., which trades on both London and Australian exchanges, said that it had received an A$8.1 million injection in capital courtesy of options exercised before their March 2 expiration date. A total of 405 million listed share options, represented 98% of those outstanding, were exercised. 88 said proceeds will support the Icewine#2 appraisal well, the acquisition of new acres on Alaska’s North Slope, 3D seismic acquisition and other ongoing exploration and leasing......
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