An announcement from ReNu Energy Limited ( (AU:RNE) ) is now available.
ReNu Energy Limited has announced a proposed issue of securities, specifically 5,000,000 advisor options with an exercise price of $0.40 and an expiry date three years from the date of issue. This move is part of a placement or other type of issue, set to take place on April 11, 2025, and is aimed at enhancing the company’s financial flexibility and supporting its strategic initiatives in the renewable energy sector.
More about ReNu Energy Limited
ReNu Energy Limited is a company involved in the energy sector, focusing on renewable energy solutions and services. The company is listed on the Australian Securities Exchange (ASX) under the code RNE.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.09M
Find detailed analytics on RNE stock on TipRanks’ Stock Analysis page.