Nov 21 (Reuters) - Armour Energy Ltd AJQ.AX
* Asx alert-cornerstone investor secured for capital raising program-ajq.ax
* m.h carnegie and co in agreement for up to $17.5m investment as part of a capital raising program of up to $40m
* Capital raising program of up to $40 million to fund startup of gas production from kincora project
* Under agreed terms, mh carnegie convertible notes subscription may total up to $17.5 million
* Armour energy-net proceeds will be primarily used to fund armour's ongoing development of kincora field assets
* Entities related to armour directors nick mather and stephen bizzell have also committed to subscribe for $1 million each
* Armour energy ltd - cornerstone investor secured for capital raising program-ajq.ax Source text for Eikon: ID:nASX7QMN7w Further company coverage: AJQ.AX