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Winchester Energy Increases Share Placement to $350,000

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Winchester Energy Increases Share Placement to $350,000

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An update from Winchester Energy Ltd ( (AU:WEL) ) is now available.

Winchester Energy Limited announced an amendment to its recent share placement, revealing that it has secured firm commitments to raise $350,000, an increase from the previously stated $300,000. This development involves the issuance of 350,000,000 shares at a price of $0.001 per share, with a significant portion issued under existing placement capacity, potentially enhancing the company’s financial position and operational capacity.

More about Winchester Energy Ltd

Winchester Energy Limited is an Australian company listed on the ASX under the ticker WEL. It operates in the energy sector, focusing on the exploration and production of oil and gas resources.

Current Market Cap: A$2.73M

See more data about WEL stock on TipRanks’ Stock Analysis page.

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