The company expects to list on the Australian Securities Exchange by the end of the year. It has engaged Emerald Partners as adviser and Shaw Stockbroking as lead broker.
New World Energy aims to raise $9m to develop leases
New World Energy aims to raise AUS$10m ($9.1m) from an initial public offering to fund exploration and development of leases in Western Australia.
15 October 2009 22:00 GMT
Updated
25 November 2012 10:09 GMT
By
