Tlou Energy Ltd. (AU:TOU) has released an update.
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Tlou Energy Ltd. has successfully raised A$995,787 by placing over 28 million new shares at A$0.035 each, with funds earmarked for the development of its Lesedi project in Botswana. The placement included contributions from company directors and sophisticated investors, and the new shares are expected to start trading on the ASX, AIM, and BSE by the end of August 2024. This financial move reflects Tlou’s growth strategy and commitment to expanding its energy projects.
For further insights into AU:TOU stock, check out TipRanks’ Stock Analysis page.
