tiprankstipranks
Company Announcements

Whitebark Energy Announces Share Issuance to Investors

Story Highlights
Whitebark Energy Announces Share Issuance to Investors

Discover the Best Stocks and Maximize Your Portfolio:

Whitebark Energy Ltd ( (AU:WBE) ) has provided an update.

Whitebark Energy Ltd has announced the issuance of 55,875,693 fully paid ordinary shares at $0.0065 each to sophisticated and professional investors via a placement. The issuance was executed without disclosure under specified sections of the Corporations Act 2001, and the company has complied with relevant provisions as of the notice date. This move is part of Whitebark’s efforts to raise capital, potentially enhancing its financial standing and operations.

More about Whitebark Energy Ltd

Whitebark Energy Ltd is a company operating in the energy sector, focusing on exploration and production activities. The company is involved in the development of energy resources to cater to market demands.

Average Trading Volume: 600,691

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$1.77M

Find detailed analytics on WBE stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1