Energy Action Limited (AU:EAX) has released an update.
Energy Action Limited announces a non-renounceable pro-rata entitlement offer allowing eligible shareholders to purchase 1 new share for every 6 held, at A$0.20 each, available in select regions. The offer aims to raise capital without significantly affecting company control, and non-participating shareholders will experience dilution. Details will be provided in an Entitlement Offer Booklet to be dispatched soon.
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