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Sunda Energy says oil prices have supported funding position

Sunda Energy PLC (AIM:SNDA, FRA:GHA0) told investors it will avoid drawing a further tranche of convertible debt for its planned New Zealand acquisition, after stronger oil prices and Matahio NZ's recent cashflows eased near-term funding needs. The AIM-quoted Asia-Pacific gas company said it had not drawn the second tranche of unsecured convertible loan notes from Alumni Capital Limited (LSE:CAPD), which was…

Proactive Investors • Jun 30, 2026

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