Will find out today just how "well received" the Entitlement Offer was. ($2M)
The New ($0.5M) Placement)Shares will be issued without shareholder approval, utilising ReNu Energy’s placement capacity under Listing Rule 7.1 and enhanced placement capacity under Listing Rule 7.1A. The expected issue date of the New Shares is 14 December 2023. The New Shares will rank equally with existing ReNu Energy shares.
If full uptake then $2.5M
RNE Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held
