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An update from Kinetiko Energy Ltd. ( (AU:KKO) ) is now available.
Kinetiko Energy Ltd has successfully completed a $2.2 million placement, supported by directors and major shareholders, to fund exploration and production test programs. The capital raising aims to advance the company’s onshore gas discovery efforts, with initial results from production test wells expected in July 2025, potentially enhancing its market position.
More about Kinetiko Energy Ltd.
Kinetiko Energy Ltd is an energy company focused on commercializing advanced shallow conventional gas projects in South Africa’s Mpumalanga Province.
Average Trading Volume: 152,001
Technical Sentiment Signal: Sell
Current Market Cap: A$71.63M
Learn more about KKO stock on TipRanks’ Stock Analysis page.