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Kinetiko Energy Ltd. Issues Prospectus to Raise Capital

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Kinetiko Energy Ltd. Issues Prospectus to Raise Capital

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Kinetiko Energy Ltd. ( (AU:KKO) ) has shared an announcement.

Kinetiko Energy Ltd. has issued a prospectus for the offer of 1,000 shares at an issue price of $0.06, aiming to raise $60. This prospectus is crafted to comply with section 708A(11) of the Corporations Act, primarily to eliminate trading restrictions on certain shares issued before the closing date. The document emphasizes that the shares offered are speculative and advises potential investors to consult with professional advisers.

More about Kinetiko Energy Ltd.

Average Trading Volume: 150,155

Technical Sentiment Signal: Sell

Current Market Cap: A$91.75M

For a thorough assessment of KKO stock, go to TipRanks’ Stock Analysis page.

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