High demand for Pacific raising

MINESITE power provider Pacific Energy has closed a rights issue oversubscribed, as it kicks off work on Western Australian lithium projects.

High demand for Pacific raising High demand for Pacific raising High demand for Pacific raising High demand for Pacific raising High demand for Pacific raising

Pacific Energy's plant at the Savannah nickel project

The company was seeking to raise A$21.4 million in the one-for-nine offer, but received applications for $26.6 million.