Author: Anela Dokso

Tuesday

ReNu Energy secures funding for green hydrogen ReNu Energy Limited has successfully obtained solid commitments to issue 45.5 million new shares at a price of $0.011 each in order to raise $500,000 through a share placement. This infusion of money, which was obtained from knowledgeable and experienced investors, comes after the recent 1 for 2.46 pro rata non-renounceable entitlement offer that ended on December 8, 2023. The money obtained from this placement and the entitlement offer will be used for basic working capital requirements as well as the advancement of ReNu Energy’s flagship green hydrogen projects in Tasmania. In this…

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