Powerhouse Ventures Ltd. (AU:PVL) has released an update.
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Powerhouse Ventures Limited has invested $200,000 in Metal Powder Works, a U.S.-based company specializing in high-quality metal powders, as part of a strategic move to aid K-TIG’s acquisition and relisting on the ASX. Through this facilitation, PVL is poised to gain $110,000 in shares of K-TIG, which plans to leverage the acquisition to enhance its offerings in the aerospace and defense sectors. This investment underscores PVL’s commitment to expanding its influence in advanced manufacturing technologies.
For further insights into AU:PVL stock, check out TipRanks’ Stock Analysis page.