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Whitebark Energy Director Increases Stake Through Note Conversion

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Whitebark Energy Director Increases Stake Through Note Conversion

Elevate Your Investing Strategy:

Whitebark Energy Ltd ( (AU:WBE) ) has issued an announcement.

Whitebark Energy Ltd has announced a change in the director’s interest, specifically regarding Giustino Guglielmo’s securities. The company disclosed that Mr. Guglielmo has converted 50,000 Convertible Notes into 4,166,666 Fully Paid Ordinary Shares, which was approved by shareholders. This change reflects an increase in Mr. Guglielmo’s stake in the company, potentially impacting shareholder dynamics and company governance.

More about Whitebark Energy Ltd

Technical Sentiment Signal: Sell

Current Market Cap: A$2.6M

For detailed information about WBE stock, go to TipRanks’ Stock Analysis page.

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