Empire completes $46.8 million capital raise

Empire is pleased to announce that it has received binding firm commitments to raise $39 million (before costs) via a strongly supported two-tranche placement of new fully paid ordinary shares to institutional and sophisticated investors at $0.16 per Share.

Sheffield Holdings LP and Liberty Energy have provided cornerstone support, with each investing US$5 million in the Placement.

Please click here to read the full announcement.