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WA Kaolin Launches Equity Raise to Cut Debt and Boost Production
12:22pm on Friday 8th of May, 2026 AEST
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WA Kaolin Launches Equity Raise to Cut Debt and Boost Production
12:22pm on Friday 8th of May, 2026 AEST
Key Points
Fully underwritten entitlement offer up to A$34.9 million
Plan to reduce shareholder loans from $27.5m to as low as $5.5m
Operational focus on improving plant availability and kaolin recoveries
New board appointments strengthen financial and governance oversight
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Wa Kaolin (ASX:WAK)
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