middle.news

WA Kaolin Launches $7 Million Rights Offer to Accelerate Wickepin Growth

5:28pm on Sunday 1st of June, 2025 AEST Mining
Read Story

WA Kaolin Launches $7 Million Rights Offer to Accelerate Wickepin Growth

5:28pm on Sunday 1st of June, 2025 AEST
Key Points
  • Fully underwritten pro-rata accelerated non-renounceable rights offer
  • Approximately 174.5 million new shares at $0.04 each with attaching options
  • Offer split between institutional ($2.6 million) and retail ($4.4 million) components
  • Funds targeted for sales ramp-up, inventory build, and plant improvements
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Wa Kaolin (ASX:WAK)
OPEN ARTICLE