West Perth-based Adelphi Energy Ltd plans to raise $5.7 million through a non-renounceable rights issue with major shareholder ARC Energy Ltd subscribing for about 32 per cent of shares.

West Perth-based Adelphi Energy Ltd plans to raise $5.7 million through a non-renounceable rights issue with major shareholder ARC Energy Ltd subscribing for about 32 per cent of shares.