Fiji Kava Limited (AU:CCO) has released an update.
Fiji Kava Limited has announced a supplementary notice to their upcoming General Meeting, proposing four new resolutions including the issuance of shares upon conversion of loan notes, the issue of placement and advisor options, and an additional share issue to raise up to $3 million. The meeting is scheduled for April 29, 2024, and will exclude votes from parties with a material interest in the outcomes. These resolutions aim to strategically strengthen the company’s financial position and operational capabilities.
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