PPK: Conditional acquisition of a material interest in PowerPlus
PPK GROUP LIMITED π π π
- PPK Group to acquire a 33% interest in PowerPlus Energy for $1.8m with fixed price pathway to increase its interest up to 75% within two years for an additional $2.8m.
- PPK to repay an existing loan of just under $2.9m owed by PowerPlus Energy to a continuing shareholder.
- PPK to advance $1m in funds to accelerate PowerPlus Energy's manufacturing capability.

2023-03-14 13:34:00