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Whitebark Energy Director’s Interest Update: Convertible Notes Converted to Shares

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Whitebark Energy Ltd ( (AU:WBE) ) has shared an update.

Whitebark Energy Ltd has announced a change in the director’s interest, specifically regarding Mark Lindh, through the conversion of convertible notes into fully paid ordinary shares. This change increases Lindh’s holdings to 17,302,051 fully paid ordinary shares. The conversion was approved by shareholders at an extraordinary general meeting, reflecting a strategic move to consolidate equity positions and potentially enhance shareholder value.

More about Whitebark Energy Ltd

Technical Sentiment Signal: Sell

Current Market Cap: A$2.6M

See more insights into WBE stock on TipRanks’ Stock Analysis page.

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