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Carnegie releases prospectus to recapitalise

WAVE energy hopeful Carnegie Clean Energy has launched its prospectus for a capital raise, which the company hopes will allow it to escape administration, relist on the ASX, pay off debt, and continue to develop its CETO wave technology.

Paul Hunt
Carnegie releases prospectus to recapitalise

  In a letter to shareholders this morning Carnegie said it hoped to raise a minimum of $5.5 million, inviting existing shareholders to buy up shares through a rights issue of 4 for 1 at a price of...

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