Each one in plain English, with the numbers worked through for a shareholder.
24 Oct 2025capital raising announcement▲ GoodMajor
The share purchase plan was heavily oversubscribed, and the board upsized it to about $2.6m (521 million shares at $0.005) versus the $250,000 target. With the $3.2m placement, total raised is $5.8m, for the Sapphire pilot well and appraisal of PCAs 336, 337, 201 and 213.
What it means for a shareholder
521m new shares at A$0.005 to raise about A$2.6m. That's 17% dilution: every existing holder's slice gets 17% smaller. If you held A$1,000 of shares (200,000 at the issue price), your slice goes from 0.00803% to 0.00664% of the company. To keep it you'd need 41,831 more shares - about A$209 at the issue price.
Share purchase plan booklet lodged: eligible shareholders can buy up to $30,000 of shares at $0.005, open 29 September to 20 October 2025. Follows the August placement; results due 24 October. Terms were already announced.
Cover letter inviting eligible shareholders to join the share purchase plan at $0.005, a 44.4% discount to the pre-placement close. Targets up to $250,000, with scale-back rights. Repeats terms already known.
Timetable for the share purchase plan: eligible shareholders can apply for up to $30,000 at $0.005. The offer opens 29 September and closes 20 October 2025, with shares issued 24 October.
29 Aug 2025capital raising announcement● NeutralMajor
Blue raised $3.2m through a two-tranche placement of 640 million shares at $0.005, a 44.4% discount to the last close. Chairman Ellice-Flint committed $200,000, subject to approval. An SPP of up to $250,000 is planned. Funds go to Sapphire pilot well preparations and pipeline work.
What it means for a shareholder
640m new shares at A$0.005 to raise about A$3.2m. That's 26% dilution: every existing holder's slice gets 26% smaller. If you held A$1,000 of shares (200,000 at the issue price), your slice goes from 0.0108% to 0.00803% of the company. To keep it you'd need 69,153 more shares - about A$346 at the issue price.
11 Jan 2024capital raising announcement▲ GoodMajor
Blue received a $7.05m R&D tax rebate for FY23 and repaid the $1.951m R&Dium loan from it. Unaudited cash is $6.64m including the rebate. This is non-dilutive funding and leaves Blue debt free.
28 July 2022capital raising announcement▲ GoodMajor
Blue raised about $20 million from institutions at $0.062 per share (322,580,645 new shares), a 17.3% discount to last close. Proceeds fund a second Sapphire pilot well set ($8.0m), Surat Basin drilling ($5.3m), NT seismic ($3.6m) and working capital. Blue says no further raising is needed near to medium term.
What it means for a shareholder
323m new shares at about A$0.062 to raise about A$20.0m. That's 17% dilution: every existing holder's slice gets 17% smaller. If you held A$1,000 of shares (16,129 at the issue price), your slice goes from 0.00106% to 0.000871% of the company. To keep it you'd need 3,405 more shares - about A$211 at the issue price.
Administrative notice that the 199,332,376 placement shares at $0.05, announced 22 September, were issued on 30 September. Completes the roughly $10m raising; no new information.
Blue raised about $10m through an institutional placement of 199,332,376 shares at $0.05, a 15.3% discount to the 30-day average price. Funds go to reserve-build drilling in ATP814 to firm up the gas agreements, plus Northern Territory seismic approvals. It ends the cash squeeze: cash was $1.95m at June.
What it means for a shareholder
199m new shares at A$0.050 to raise about A$10.0m. That's 13% dilution: every existing holder's slice gets 13% smaller. If you held A$1,000 of shares (20,000 at the issue price), your slice goes from 0.00151% to 0.00131% of the company. To keep it you'd need 3,000 more shares - about A$150 at the issue price.
12 July 2019capital raising announcement▲ GoodMajor
The share purchase plan closed with $1.42m of applications for 31,555,465 shares at $0.045, with no scale-back. Together with the placement, total raised is $5.6m, against the up-to-$2.5m SPP target.
What it means for a shareholder
31.6m new shares at A$0.045 to raise about A$1.4m. That's 2.4% dilution: every existing holder's slice gets 2.4% smaller. If you held A$1,000 of shares (22,222 at the issue price), your slice goes from 0.00172% to 0.00167% of the company. To keep it you'd need 541 more shares - about A$24 at the issue price.
Share purchase plan closing date extended to 10 July 2019 from 1 July, after shareholders reported delays receiving offer documents. Price stays $0.045; no other terms changed.
Offer booklet and application form for the share purchase plan released: eligible holders can apply for up to $15,000 of shares at $0.045, closing 1 July 2019. Administrative follow-up to the 13 June raising.
13 June 2019capital raising announcement● NeutralMajor
Blue raised $4.2m through an oversubscribed placement of about 93.3m shares at $0.045, a 15.3% discount to the 10-day average price. A share purchase plan of up to $2.5m at the same price follows. Funds go to pipeline studies and licences, following cash falling to $1.44m.
What it means for a shareholder
93.3m new shares at A$0.045 to raise about A$4.2m. That's 7.4% dilution: every existing holder's slice gets 7.4% smaller. If you held A$1,000 of shares (22,222 at the issue price), your slice goes from 0.00189% to 0.00175% of the company. To keep it you'd need 1,763 more shares - about A$79 at the issue price.
12 Jan 2018capital raising announcement▲ GoodMajor
Blue raised about $2.0m net by placing 13,000,000 shares at $0.155 with IFM Investors, via Bell Potter. Funds bolster working capital, following cash of $2.54m at 30 June 2017 and the earlier going-concern uncertainty.
What it means for a shareholder
13.0m new shares at A$0.155 to raise about A$2.0m. That's 1.1% dilution: every existing holder's slice gets 1.1% smaller. If you held A$1,000 of shares (6,452 at the issue price), your slice goes from 0.000559% to 0.000552% of the company. To keep it you'd need 73 more shares - about A$11 at the issue price.
The Share Purchase Plan raised $17.6m, scaled back to $13.5m by the 30% placement-capacity limit (Rule 7.1), issuing 215.6m shares. With the approved $10m placement, this resolves the funding thread after cash fell to $5.3m. Ellice-Flint was elected Executive Director.
What it means for a shareholder
216m new shares at about A$0.0816 to raise about A$17.6m. That's 74% dilution: every existing holder's slice gets 74% smaller. If you held A$1,000 of shares (12,250 at the issue price), your slice goes from 0.0163% to 0.00422% of the company. To keep it you'd need 35,215 more shares - about A$2,875 at the issue price.
Formal Share Purchase Plan offer: $2,000 to $15,000 per eligible holder at 6.25c, underwritten to $4m by Intersuisse. The $10m placement and Ellice-Flint appointment depend on a 5 April general meeting. The offer also includes an operations update.
The Share Purchase Plan timetable was delayed by documentation and approvals work. Offers go out 8 March and close 5 April, at 6.25c, up to $15,000 per holder. Intersuisse underwrites $4m.
16 Feb 2012capital raising announcement▲ GoodMajor
Blue secured a $10m placement of 160m shares at 6.25c, a 20% discount to the five-day VWAP, plus a Share Purchase Plan at the same price. John Ellice-Flint, ex-Santos MD, will join as Executive Director on $200,000 salary plus 41.2m shares and options. Subject to shareholder approval.
What it means for a shareholder
160m new shares at A$0.0625 to raise about A$10.0m. That's 68% dilution: every existing holder's slice gets 68% smaller. If you held A$1,000 of shares (16,000 at the issue price), your slice goes from 0.0213% to 0.00681% of the company. To keep it you'd need 34,133 more shares - about A$2,133 at the issue price.
Blue placed 75 million shares at $0.08 to three institutions, raising $6 million, to fund establishing gas flows at Monslatt, Central and Sapphire. Mathews Capital Partners becomes a substantial holder above 5%. First raising flagged as open in the funding thread.
What it means for a shareholder
75.0m new shares at A$0.080 to raise about A$6.0m. That's 86% dilution: every existing holder's slice gets 86% smaller. If you held A$1,000 of shares (12,500 at the issue price), your slice goes from 0.1% to 0.0143% of the company. To keep it you'd need 75,000 more shares - about A$6,000 at the issue price.
25 Aug 2009capital raising announcement▲ GoodMajor
Blue received the $12.571m KOGAS placement money, for 62.855m shares (10%). Cash is now $42m. A KOGAS director is expected in September, and a second coring rig for ATP 814P in October is in final negotiations. Completes the KOGAS placement.
29 June 2009capital raising announcement▲ GoodMajor
The binding KOGAS Share Placement Agreement was signed: $12.571m for 62.855m shares at 20c, giving KOGAS 10% and a board nomination right. Closing needs FIRB approval. This firms up the May heads of agreement.
What it means for a shareholder
62.9m new shares at A$0.200 to raise about A$12.6m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
9 June 2009capital raising announcement▲ GoodMajor
The share purchase plan closed having raised about $22.3m from over 2,200 applications, issuing about 118m shares at 18.94c. Blue says this plus cash and the KOGAS placement funds its work program for the next 18-24 months. Resolves the SPP thread.
What it means for a shareholder
118m new shares at A$0.1894 to raise about A$22.3m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
The share purchase plan closing date is extended to 3 June 2009 because some mailouts were late, and to give holders time to consider the KOGAS announcement. Share issue moves to 10 June. Only the timetable changes.
Compliance notice for the share purchase plan, confirming Blue is issuing shares without a disclosure document and has met its disclosure obligations. It contains no new terms or figures.
The SPP offer document sets applications at $2,000-$15,000, price at the lesser of a 20% VWAP discount or 20 cents, closing 1 June 2009. Proceeds partly fund corehole drilling in ATP 818P and 896P, in addition to the ATP 854P program funded from existing cash.
1 May 2009capital raising announcement● NeutralMajor
Blue plans a share purchase plan offering eligible shareholders up to $15,000 of shares (subject to waivers, otherwise $5,000) at the lesser of a 20% VWAP discount or 20 cents. The price is an 18% discount to the 29 April close. No total raise size is stated.
Blue closes the second tranche of the CVC-led raising, $26.6m after shareholder approval on 14 September, completing the $34.6m total. Funds go over 24 months to seismic and core and pilot drilling in ATPs 817, 818 and 854. A Brisbane office opens with new technical managers.
18 July 2007capital raising announcement▲ GoodMajor
Blue Energy agrees a package of up to $34.6m with CVC Limited: a $30m placement of 120m shares at 25c, plus conversion of Chimaera's $4.6m loan at 18c. CVC takes 19.9% and two board seats. The second tranche needs shareholder approval. This resolves the postponed raising and the debt.
CVC's own release confirms it will invest $21.5m directly for 19.9% as largest shareholder, leading the $30m placement at 25c. It adds 5m options at 25c, a three-month exclusivity period and a $700,000 break fee. It repeats ref 3 with these extra terms.
EIV engaged BBY to manage a placement to institutional and sophisticated investors, but said the placement has been postponed pending clarity in market conditions. No size or price was given.
