White Energy Company Announces Successful Partially Underwritten Entitlement Offer
White Energy Company Limited (ASX: WEC) announced a price-sensitive entitlement offer of 5 new fully paid ordinary shares for every 12 held by eligible shareholders at an issue price of $0.027 per share, targeting approximately $3.5 million in proceeds before costs. The offer was partiallyunderwritten, and key existing shareholders committed to take up their full entitlements, reinforcing support for the capital raise. The entitlement offer represents a discount to recent trading prices, designed to attract participation and strengthen liquidity. Funds raised will be used to support ongoing exploration activities and general corporate purposes as the company advances its portfolio of energy and resource projects. Shares issued under the entitlement offer are scheduled to be quoted and traded in mid-December 2025. The announcement is price-sensitive because it affects capital structure, introduces new shares into the market, and may influence investor perceptions of near-term funding and execution capability.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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White Energy Company Announces Successful Partially Underwritten Entitlement Offer
White Energy Company Limited (ASX: WEC) announced a price-sensitive entitlement offer of 5 new fully paid ordinary shares for every 12 held by eligible shareholders at an issue price of $0.027 per share, targeting approximately $3.5 million in proceeds before costs. The offer was partially underwritten, and key existing shareholders committed to take up their full entitlements, reinforcing support for the capital raise. The entitlement offer represents a discount to recent trading prices, designed to attract participation and strengthen liquidity. Funds raised will be used to support ongoing exploration activities and general corporate purposes as the company advances its portfolio of energy and resource projects. Shares issued under the entitlement offer are scheduled to be quoted and traded in mid-December 2025. The announcement is price-sensitive because it affects capital structure, introduces new shares into the market, and may influence investor perceptions of near-term funding and execution capability.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au