Rubicon Water Limited Announces Major Share Offering

Rubicon Water Limited (AU:RWL) has released an update.

Rubicon Water Limited has announced a new securities issuance, with a proposed offering of 8 million ordinary shares under a securities purchase plan, and an additional 64 million shares through a placement or other issue. The securities purchase plan will close on September 23, 2024, while the placement or other issue is scheduled for August 13, 2024. This strategic move aims to increase the company’s capital and could be of interest to potential investors.

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