Frontier Energy Limited (AU:FHE) has released an update.
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Frontier Energy Limited has announced the cancellation of the second tranche of their share placement following setbacks with its Waroona Renewable Project, including not being awarded capacity credits and the termination of a debt mandate with Infradebt Pty Ltd. Consequently, the company will not present related resolutions at the upcoming general meeting. Further updates on the project’s progress will be communicated to the market.
For further insights into AU:FHE stock, check out TipRanks’ Stock Analysis page.
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