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White Energy Company Limited ( (AU:WEC) ) just unveiled an announcement.
White Energy Company Limited has announced a 2 for 3 pro rata renounceable entitlement offer at $0.034 per share, with a deadline for acceptance and payment set for March 20, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its financial stability and market position by providing existing shareholders an opportunity to increase their investment, while also highlighting the company’s focus on strengthening its operations and shareholder value.
More about White Energy Company Limited
White Energy Company Limited operates in the energy sector, focusing on innovative clean coal technology solutions. The company is primarily engaged in the development and commercialization of technologies that enhance the efficiency and environmental sustainability of coal usage.
YTD Price Performance: -40.0%
Average Trading Volume: 1,303
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.53M
See more insights into WEC stock on TipRanks’ Stock Analysis page.