Feb 10 (Reuters) - Stonehorse Energy Ltd SHE.AX :
* SHE $5M PLACEMENT TO FUND ACQUISITION OF OIL AND GAS WELL WI-SHE.AX
* PLACEMENT AT $0.02 PER SHARE
* FUNDA RAISED WILL BE USED TO ACQUIRE A WORKING INTEREST IN PROPOSED JEWELL WELL
Feb 10 (Reuters) - Stonehorse Energy Ltd SHE.AX :
* SHE $5M PLACEMENT TO FUND ACQUISITION OF OIL AND GAS WELL WI-SHE.AX
* PLACEMENT AT $0.02 PER SHARE
* FUNDA RAISED WILL BE USED TO ACQUIRE A WORKING INTEREST IN PROPOSED JEWELL WELL