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WA Kaolin Ltd Announces New Securities Issue
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WA Kaolin Ltd Announces New Securities Issue

WA Kaolin Ltd. (AU:WAK) has released an update.

WA Kaolin Limited has announced a new securities issue, with plans to issue up to 34,200,001 ordinary shares and 8,550,000 options expiring June 30, 2027, at an exercise price of $0.09. The securities are scheduled to be issued on May 6, 2024, as part of a placement or other type of issue. This move is aimed to provide the company with additional capital and is subject to approval by the ASX.

For further insights into AU:WAK stock, check out TipRanks’ Stock Analysis page.

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