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WA Kaolin Launches $7 Million Rights Offer to Accelerate Wickepin Growth
9:18am on Thursday 6th of February, 2025 AEDT
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Mining
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WA Kaolin Launches $7 Million Rights Offer to Accelerate Wickepin Growth
9:18am on Thursday 6th of February, 2025 AEDT
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
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Wa Kaolin (ASX:WAK)
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