Kalina Power Launches Million-Dollar Share Offer

Kalina Power Limited (AU:KPO) has released an update.

Kalina Power Limited announces a non-renounceable entitlement offer to raise approximately $1.03 million by offering new shares and free attaching options to eligible shareholders. The offer is set at one new share for every twenty-four existing shares at $0.01 each, with one free attaching option for every two new shares issued. The offer, fully underwritten and outlined in a prospectus, is open to shareholders in Australia, New Zealand, and certain other approved jurisdictions.

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