Pilot Energy to Issue 7.4 Million Share Options Following $25M Funding Deal with LDA Capital
Pilot Energy Limited plans to issue 7.4 million share options on the ASX as part of a A$25 million funding deal with LDA Capital. This funding will support projects including the Cliff Head Carbon Storage Project and data centre expansions. The options are set to be issued on March 11, 2026, with plans for ASX quotation post-issuance.
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Pilot Energy Limited will issue up to 7,386,062 options for shares as part of a capital-raising initiative following a A$25 million funding deal with LDA Capital Group, LLC. The options are expected to be issued on March 11, 2026, and will allow investors to subscribe for fully paid ordinary shares.
The funding will support key initiatives such as the Cliff Head Carbon Storage Project and expanded data centre projects with Kala Data. The issuance may lead to potential dilution for existing shareholders if exercised.
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