BTE - Botala Energy

[System]

Botala Energy Ltd is a coal bed methane (CBM) exploration and development company focused on developing production from the Serowe CBM Project located in Botswana (and related early-stage renewable energy opportunities). On Admission to the ASX, the Company will hold a 70% interest in the Serowe CBM Project, which is located in a high grade CBM region of Botswana.

The Serowe CBM Project covers approximately 4,100 square kilometres of CBM prospecting licenses in the Karoo-Kalahari Basin in Central Botswana.

It is anticipated that BTE will list on the ASX during July 2022.

Botala Energy Ltd - Energy Company Australia

Botala Energy Ltd is an Australian energy company focused on exploration and development opportunities for natural gas and renewables in Botswana.

www.botalaenergy.com

 

[Dona Ferentes]

Listing date	14 July 2022 ; 11:00 AM AEST ##
Contact details	Botala Energy Ltd - Energy Company Australia Botala Energy Ltd is an Australian energy company focused on exploration and development opportunities for natural gas and renewables in Botswana. www.botalaenergy.com Ph: 08 6444 6645
Principal Activities	Coal-bed Methane (CBM) exploration and development
GICS industry group	TBA
Issue Price	AUD 0.20
Issue Type	Ordinary Fully Paid Shares
Security code	BTE
Capital to be Raised	$7,000,000
Expected offer close date	14 June 2022
Underwriter	Not underwritten. GTT Ventures Pty Ltd(Lead Manager).