Kinetiko Energy Ltd. (AU:KKO) has released an update.
Kinetiko Energy Ltd. has announced a new proposal to issue a substantial number of securities, specifically 84,266,771 ordinary fully paid shares. The issue is set to proceed with key dates including an ex-date of May 17, 2024, a record date of May 20, 2024, and an offer closing date of June 3, 2024, with the issue date following shortly on June 11, 2024. This move by Kinetiko is intended to expand their financial base, potentially attracting investors interested in the energy sector.
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