WA Kaolin Ltd. (AU:WAK) has released an update.
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WA Kaolin Limited has announced the issuance of 8,550,000 unquoted options expiring on June 30, 2027, with an exercise price of $0.09, effective May 7, 2024. These equity securities are part of a transaction previously disclosed in an Appendix 3B and will not be quoted on the ASX market. The move represents a significant step for the company in strengthening its financial structure without diluting current stockholders.
For further insights into AU:WAK stock, check out TipRanks’ Stock Analysis page.