tiprankstipranks
Trending News
More News >

Kinetiko Energy Secures $2.2M for Gas Exploration and Testing

Story Highlights
Kinetiko Energy Secures $2.2M for Gas Exploration and Testing

Don’t Miss TipRanks’ Half-Year Sale

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1