WA Kaolin Ltd. (AU:WAK) has released an update.
WA Kaolin Limited has announced a new securities issue under a securities purchase plan, with an offering of over 8.33 million ordinary shares and 2.08 million options expiring in June 2027. The record date for the issue is set for April 30, 2024, and the offer is scheduled to close on July 3, 2024, with the issue date following on July 10, 2024. This strategic move aims to enhance the company’s financial flexibility and support its growth initiatives.
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