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WA Kaolin Completes A$16.1 Million Recapitalisation Boosting Production Prospects
10:00am on Thursday 1st of January, 1970 AEST
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WA Kaolin Completes A$16.1 Million Recapitalisation Boosting Production Prospects
10:00am on Thursday 1st of January, 1970 AEST
Key Points
Entitlement offer raises ~A$6 million cash
Debt reduced by A$10.13 million
Cornerstone shareholders contribute ~A$14.9 million
Focus on plant efficiency and production growth
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Wa Kaolin (ASX:WAK)
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