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An announcement from EPI (Holdings) Limited ( (HK:0689) ) is now available.
EPI (Holdings) Limited announced the successful completion of a new share placement, resulting in the issuance of 952,095,000 shares, which constitutes approximately 15.38% of its enlarged share capital. The placement raised net proceeds of approximately HK$15.7 million, which the company plans to allocate towards drilling new wells in Canada, general working capital, and potential investment opportunities.
More about EPI (Holdings) Limited
YTD Price Performance: -5.00%
Average Trading Volume: 7,217,776
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$94.33M
See more data about 0689 stock on TipRanks’ Stock Analysis page.