Oil Basins Limited's (ASX:OBL) recent announcement of the Fortescue Metals Group's (ASX:FMG) immediate Strategic Placement comprising 120 million new fully paid OBL ordinary shares will be of great interest to investors at the upcoming Investorium in Sydney on November 26th.

The Strategic Placement represents the first investment by FMG in the upstream energy sector and first investment by FMG outside of its core business of iron ore mining and development outlining the value in this energy company.

What may be of more significant interest, is that the two companies will be working closely together on new project and development opportunities within Australia.

Investors can register to attend the LIVE event in Sydney, on Monday 26th November at the following link:
http://www.investorium.tv/viewevent.asp?eid=29



About Fortescue Metals Group Ltd

Development of the East Pilbara Iron Ore Project.

 



About Omni Bridgeway Limited

Omni Bridgeway is a publicly listed company on the ASX (Australian Stock Exchange) (ASX:OBL) since 2001 and has professionals around the world managing a global investment portfolio.

   

Contact

Oil Basins Limited
T: +61-3-9692-7222
F: +61-3-9529-8057
WWW: www.oilbasins.com.au

Investorium Registration
TEL: +61-2-8205-7353
EMAIL: events@investorium.tv



Related Companies

Omni Bridgeway Limited
            

Fortescue Metals Group Ltd
         


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