Tlou Energy Ltd. (AU:TOU) has released an update.
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Tlou Energy Limited has successfully raised an additional A$560,000 through the placement of shortfall shares from their entitlement offer, bringing the total funds raised to approximately A$7.9 million before costs. These funds will be directed towards advancing the Lesedi power project, aiming for its first power generation. The company has confirmed that no further shortfall shares will be placed, and the new shares will soon be quoted on ASX, AIM, and BSE.
For further insights into AU:TOU stock, check out TipRanks’ Stock Analysis page.