Cokal to raise $5.1m for BBM development

COKAL is seeking to raise $5.1 million through a non-renounceable entitlement offer to fund the initial construction to start a pulverised coal injection operation at its BBM project in Indonesia.

sponsored-logo
Cokal to raise $5.1m for BBM development Cokal to raise $5.1m for BBM development Cokal to raise $5.1m for BBM development Cokal to raise $5.1m for BBM development Cokal to raise $5.1m for BBM development

It said its major shareholder Aahana will also help Cokal management source further funding to bring BBM into production.