WA Kaolin Ltd. (AU:WAK) has released an update.
WA Kaolin Ltd. has set a date for a general meeting to finalize the second tranche of placement funds and offer a Share Purchase Plan to shareholders, following a delay in the approval process. The company reports smooth operations at its Wickepin plant, with the addition of a $3m classifier expected to enhance product range and market share. These developments are part of WAK’s strategy to become profitable by 2025.
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