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WA Kaolin Raises A$2.64M in Institutional Entitlement Offer Ahead of Retail Launch
5:21pm on Sunday 1st of June, 2025 AEST
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WA Kaolin Raises A$2.64M in Institutional Entitlement Offer Ahead of Retail Launch
5:21pm on Sunday 1st of June, 2025 AEST
Key Points
Institutional entitlement offer raised A$2.64 million at A$0.04 per share
Offer price represents a 42.9% discount to last closing price
Retail entitlement offer of A$4.34 million to open on 12 February 2025
Funds aimed at supporting working capital and achieving positive cash flow
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Wa Kaolin (ASX:WAK)
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