ASX:A4NChemicals
Alpha HPA (ASX:A4N) Taps A$225m Equity Backed by NRFC – What Does It Signal?
Alpha HPA has completed a A$225 million follow-on equity offering, issuing up to 313.3 million new ordinary shares at A$0.75 each through an institutional placement and planned share purchase plan to fund construction and commercialisation of Stage 2 of its HPA First Project and expand Stage 1 capacity.
A A$75 million cornerstone equity commitment from the National Reconstruction Fund Corporation underscores government backing for Alpha HPA’s aim to build what it describes as the world’s...