Brief: Kinetiko Energy Undertakes Renounceable, Pro-Rata Entitlement Offer

Kinetiko Energy

15/05/2024 24:46

May 15 (Reuters) - Kinetiko Energy Ltd  KKO.AX :
    * UNDERTAKES RENOUNCEABLE, PRO-RATA ENTITLEMENT OFFER OF NEW
SHARES ON BASIS 1 NEW SHARE FOR EVERY 16 SHARES HELD
    * MAXIMUM SUBSCRIPTION TO ENTITLEMENT OFFER WILL RAISE A$5.1
MILLION
    * ENTITLEMENT AT ISSUE PRICE OF A$0.06 PER NEW SHARE

Further company coverage:  KKO.AX 

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