Kalina Power Limited ( (AU:KPO) ) has provided an announcement.
Kalina Power Limited has announced a proposed issue of securities, involving a standard pro rata issue of up to 130,475,894 ordinary fully paid shares and 65,237,947 options exercisable at 2 cents within 18 months. This move is part of the company’s strategy to raise capital, potentially impacting its market positioning by providing additional funding for its operations and growth initiatives.
More about Kalina Power Limited
Kalina Power Limited operates in the energy sector, focusing on the development and commercialization of power generation technologies. The company is known for its proprietary Kalina Cycle technology, which enhances the efficiency of power plants and is aimed at reducing emissions and increasing sustainability in energy production.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €14.75M
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