Powerhouse Ventures Ltd. (AU:PVL) has released an update.
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Powerhouse Ventures Ltd. has issued 12.5 million fully paid ordinary shares as part of its transaction with Aliwa Funds Management, following shareholder approval. This move is in line with the company’s focus on high-conviction investment opportunities in under-appreciated asset classes and sectors poised for growth, such as small caps and cutting-edge technologies. The issuance was conducted without a disclosure per the Corporations Act, and the company remains compliant with relevant regulations.
For further insights into AU:PVL stock, check out TipRanks’ Stock Analysis page.