AOW 0.00% 2.1¢ american patriot oil & gas limited

Does anyone have background as to why they needed to raise a...

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    Does anyone have background as to why they needed to raise a maximum of $216k before costs with the options prospectus?

    Have to admit, they're the exact type of dirt cheap, highly leveraged options i like grabbing a handful of and with a 2 year expiry timeframe and 25c exercise, could become quite a lucrative investment should the company have some success.
 
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Currently unlisted public company.

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