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Powerhouse Ventures Ltd. ( (AU:PVL) ) just unveiled an update.
Powerhouse Ventures Limited announced the successful outcomes of its Annual General Meeting, where all resolutions were passed following a poll vote. This includes the adoption of the remuneration report, the re-election of James Kruger as a director, and the ratification of previous share and broker option issues. The approval of a 10% placement capacity indicates strategic flexibility for future capital raising, potentially enhancing the company’s operational capabilities and market positioning.
More about Powerhouse Ventures Ltd.
Powerhouse Ventures Limited is a speciality investment house offering a range of funds management products, advisory and capital syndication services, and investor relations support. The company focuses on asset classes experiencing short-term market dislocation, under-appreciated opportunities, and emerging growth frontiers, with a strong emphasis on listed small caps, Australian carbon projects, and technologies poised to become critical infrastructure.
Average Trading Volume: 213,417
Technical Sentiment Signal: Buy
Current Market Cap: A$20.73M
For a thorough assessment of PVL stock, go to TipRanks’ Stock Analysis page.