Whitebark Energy Ltd (AU:WBE) has released an update.
Whitebark Energy Limited is actively negotiating with a party to monetize its Wizard Lake asset in Canada, while also considering interest from other parties to ensure shareholder value. The company has temporarily suspended operations at the asset to facilitate the sales process and focus on its Australian business. Despite no sale guarantee, Whitebark remains committed to achieving the best possible outcome for its shareholders.
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