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Whitebark Energy Ltd ( (AU:WBE) ) has issued an update.
Whitebark Energy Ltd has issued 150 million fully paid ordinary shares at $0.005 per share to sophisticated and professional investors, as part of a placement announced on October 29, 2025. This strategic move, executed without disclosure under specific sections of the Corporations Act, aims to bolster the company’s financial standing and support its operational growth, reflecting compliance with relevant legal provisions.
More about Whitebark Energy Ltd
Whitebark Energy Ltd is a company operating in the energy sector, focusing on the exploration and production of oil and gas resources. The company targets sophisticated and professional investors to fund its operations and expansion efforts.
Average Trading Volume: 71,301,280
Technical Sentiment Signal: Sell
Current Market Cap: A$5.63M
For an in-depth examination of WBE stock, go to TipRanks’ Overview page.