Clean TeQ Water Ltd (AU:CNQ) has released an update.
Clean TeQ Water Ltd has announced a strategic initiative to raise equity by offering new shares and options to sophisticated and institutional investors, followed by a share purchase plan (SPP) available to existing Australian and New Zealand shareholders. The company plans to issue a prospectus for the option offering expected in early May 2024. This capital raise aligns with Clean TeQ’s ongoing efforts to underpin the energy transition through water and energy metal solutions.
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