Botala Energy Ltd. (AU:BTE) has released an update.
Botala Energy Ltd has successfully completed its Share Purchase Plan, raising A$200,000 through the issuance of over 2.6 million new shares to fund the Serowe CBM Project and other renewable initiatives. The new shares, priced at A$0.075 each, will be traded on the ASX starting 16 September 2024, after their issuance on the 13th. This capital boost aims to enhance Botala’s commitment to developing stable energy resources in Botswana.
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