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Botala Energy Expands Stake with New Share Issue
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Botala Energy Expands Stake with New Share Issue

Botala Energy Ltd. (AU:BTE) has released an update.

Botala Energy Ltd is set to issue 6 million new restricted ordinary shares following the acquisition of an additional 30% stake in the Serowe CBM Project. The shares will be under escrow until the end of 2024. This move represents a significant expansion for the company’s interests in the energy sector.

For further insights into AU:BTE stock, check out TipRanks’ Stock Analysis page.

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