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The latest announcement is out from WA Kaolin Ltd. ( (AU:WAK) ).
WA Kaolin Ltd. announced the issuance of 54,071,047 unquoted securities with an expiration date of June 30, 2027, at an exercise price of $0.09. This move is part of a previously announced transaction and is expected to impact the company’s financial structure by potentially increasing its capital base, which may enhance its operational capabilities and market positioning.
More about WA Kaolin Ltd.
WA Kaolin Ltd. operates in the mining industry, focusing on the extraction and processing of kaolin, a type of clay used in various industrial applications. The company is engaged in developing its kaolin resources to supply both domestic and international markets.
Average Trading Volume: 176,445
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$34.91M
Learn more about WAK stock on TipRanks’ Stock Analysis page.