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Kalina Power Retracts Valuation Statement on Alberta Projects

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Kalina Power Retracts Valuation Statement on Alberta Projects

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

Kalina Power Limited has issued a retraction of a statement made in a previous announcement regarding the valuation of its Power-CCS projects and the Saddle Hills project in Alberta. The retracted statement was based on an initial assessment by TwelveSix and did not have a reasonable basis for such claims, leading to its removal to prevent misleading investors about the company’s financial standing.

More about Kalina Power Limited

Kalina Power Limited operates in the energy industry, focusing on developing and commercializing advanced power generation technologies. The company is known for its innovative solutions in thermal power and energy efficiency, targeting markets that require sustainable and cost-effective energy solutions.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €15.02M

Learn more about KPO stock on TipRanks’ Stock Analysis page.

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