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An update from White Energy Company Limited ( (AU:WEC) ) is now available.
White Energy Company Limited has announced a proposed issue of 132,656,184 ordinary fully paid securities as part of a standard pro rata issue, which is renounceable. This move is aimed at raising capital and potentially strengthening the company’s financial position, impacting its operations and market presence. The issue is scheduled with key dates including an ex-date on February 28, 2025, a record date on March 3, 2025, and an offer closing date on March 20, 2025, with the issue date set for March 27, 2025.
More about White Energy Company Limited
White Energy Company Limited operates in the energy sector, focusing on the production and development of clean coal technologies and solutions. The company is known for its innovative approaches to enhancing the efficiency and environmental sustainability of coal energy.
YTD Price Performance: -47.50%
Average Trading Volume: 1,303
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.53M
For a thorough assessment of WEC stock, go to TipRanks’ Stock Analysis page.