Brief: Renu Energy Announces Acquisition Of Janus Electric Limited

Janus Electric Holdings

19/02/2025 10:11

Feb 19 (Reuters) - Renu Energy Ltd  RNE.AX :
    * ACQUISITION OF JANUS ELECTRIC LIMITED
    * WILL ACQUIRE JANUS IN CONSIDERATION OF ISSUE OF 50 MILLION
SHARES IN RENU ENERGY ON A POST CONSOLIDATION BASIS.
    * TO RAISE BETWEEN A$8 MILLION AND A$10 MILLION, AT AN ISSUE
PRICE
OF A$0.20 PER NEW SHARE
    * GREG WATSON PROPOSED TO ASSUME ROLE OF CFO

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