Overview of Kalina Power's non-renounceable entitlement offer

Kalina Power Limited (ASX: $KPO) is conducting a non-renounceable entitlement offer to raise up to approximately $1.1 million. The offer entails issuing 1 share for every 8 shares held by eligible shareholders at an issue price of $0.004 per share. The offer is fully underwritten and closes on 19 April 2024.

Chairman highlights strategic initiatives and commercial opportunities

The company's chairman has emphasized the strategic initiatives and commercial opportunities in the energy sector. Shareholders are encouraged to consider the investment opportunity and seek professional advice before participating in the offer.

Overview of Kalina Power's entitlement offer and outlook

Kalina Power Limited (ASX: $KPO) is conducting a non-renounceable entitlement offer to raise funds. The offer involves issuing 1 share for every 8 shares held by eligible shareholders at an issue price of $0.004 per share. The offer is fully underwritten and closes on 19 April 2024. The company's chairman has highlighted strategic initiatives and commercial opportunities in the energy sector. Shareholders are encouraged to consider the investment opportunity and seek professional advice before participating in the offer. The company aims to utilize the raised funds for its projects and has engaged PricewaterhouseCoopers Corporate Finance Inc. to advise on funding. The offer booklet provides important information for potential investors, including details on how to apply for the entitlement offer and the associated risks. Shareholders are advised to carefully review the offer booklet and consider the implications and risks associated with the entitlement offer.