WA Kaolin Ltd. (AU:WAK) has released an update.
WA Kaolin Ltd. has announced an initiative to raise up to $500,000 by offering over 8 million shares at $0.06 each, along with free attaching options, under a Share Purchase Plan (SPP) and a subsequent Shortfall Offer managed by Canaccord Genuity. Eligible shareholders have the opportunity to subscribe to the shares and options before the SPP Offer closes on August 13, 2024. Investors are encouraged to consult professional advisers, as these speculative securities carry risks outlined in the company’s detailed Prospectus.
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