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RLG Expands Renewable Energy with $1.06M Placement and Battery Storage Acquisition
10:07am on Wednesday 29th of July, 2026 AEST
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Renewable Energy
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RLG Expands Renewable Energy with $1.06M Placement and Battery Storage Acquisition
10:07am on Wednesday 29th of July, 2026 AEST
Key Points
Binding term sheet to acquire Kabunga Holdings renewable energy business
$1.06 million placement at $0.0025 per share secured
Consideration includes 80 million upfront shares and 400 million performance rights
New Murdoch University partnership to develop battery management technology
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Roolife (ASX:RLG)
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