88 Energy launches share placing to fund upcoming Alaska oil drilling

88 Energy Ltd (AIM:88E, ASX:88E, OTCQB:EEENF, FRA:POQ) aims to raise up to the equivalent of £2.62 million (A$5.03 million) to help fund drill plans in Alaska. The AIM and ASX-listed explorer pricing the issue at A$0.029 a share, or about 1.508p.