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Australian energy firm, Invictus Energy Limited, has raised AU$15 million (US$10,25 million) through an institutional placement of new shares to fund operations at its Mukuyu 2 oil and gas drill site.
New Zealand media giant NZME launched a symbolic NZ$1.00 (US$0.61) takeover bid for rival Stuff Limited on Monday in the latest effort to consolidate the country’s news industry during the coronavirus-induced downturn.
President Emmerson Mnangagwa has blasted the “gratuitous negativity” which followed his announcement that Australia’s Invictus Energy had found oil and gas deposits in the northern Muzarabani area of the country.