Energy Technologies Limited (AU:EGY) has released an update.
Energy Technologies Limited is launching a non-renounceable rights issue to raise approximately $12.7 million by offering new shares to eligible shareholders at a price of $0.03 each. The offer aims to fund company initiatives and will close by 5.00 pm (Melbourne time) on 2 October 2024. Shareholders are encouraged to consult their financial advisors and consider the company’s past performance and market trends before participating in the offer.
For further insights into AU:EGY stock, check out TipRanks’ Stock Analysis page.
