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White Energy Secures ASX Confirmation for US and Surat Basin Coal Deal

5:59pm on Wednesday 8th of July, 2026 AEST Mining
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White Energy Secures ASX Confirmation for US and Surat Basin Coal Deal

5:59pm on Wednesday 8th of July, 2026 AEST
Key Points
  • ASX confirms Chapter 11 rules do not apply to acquisition
  • Proposed purchase of Essential Global Resources and Oceltip Coal 2 assets
  • Due diligence and documentation ongoing for transaction
  • Capital raising linked to acquisition remains in progress
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