$Carnegie Clean Energy Ltd.(CWGYF)$ This looks like positive news overall, with significant investment flowing into the defense sector and US involvement confirmed. Carnegie Energy has secured firm commitments for a $2.5 million placement, receiving strong support from overseas investors. The proceeds are set to be used primarily for developing a multi-megawatt CETO array at BiMEP, business development in Europe and the US, deploying and operating CETO via the ACHIEVE Programme, and further advancing spin-off products in the defense and aquaculture industries.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet