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12 April 2019ReNu Energy Limited advises that it will be undertaking a capital raise via a pro rata non renounceable shareholder entitlement offer (Offer), to raise up to approximately $5.5 million (before costs) for the purposes of growing and expanding the Company’s bioenergy and solar PV businesses. The Offer entitles eligible shareholders to acquire 3 new shares for every 4 existing shares held in ReNu Energy at 6.6 cents per share. Eligible shareholders on the register as at 7.00pm (Sydney time) on Thursday, 18 April 2019 are entitled to participate. The Offer is not underwritten.
12 April 2019ReNu Energy Limited is pleased to provide an update on the Company’s activities. A Quarterly Report including an operations update will be provided later this month.
14 December 2018ReNu Energy Limited advises of the issue of new equity incentives to executives under the Company’s Loan Share Plan and, following the completion of the consolidation of ReNu Energy’s share capital, the amendment of terms of shares previously issued under the Loan Share Plan.
20 December 2017ReNu Energy Limited is pleased to announce that its Share Purchase Plan (SPP) has closed with applications for $2.3 million of new shares, raising circa $2.2 million after costs. Shares will be issued at an issue price of 1.8 cents.
11 December 2017ReNu Energy Limited is pleased to announce that in light of the strong take up of the SPP and recent positive announcements, the Board has decided to extend the Share Purchase Plan (SPP Offer) to Monday 18 December 2017.
02 December 2016As approved at the Company’s Annual General Meeting of shareholders on 25 November 2016, Geodynamics Limited advises that it has changed its name to ReNu Energy Limited. The ASX code for the Company is RNE.
25 November 2016Mr Keith Spence has retired from the board of Geodynamics Limited effective close of today’s Annual General Meeting.
25 November 2016Geodynamics Limited wishes to advise that all resolutions on the Notice of Annual General Meeting were carried on a poll at the Annual General Meeting of the Company held this morning.
25 November 2016Presentation to shareholders by Mr Chris Murray, CEO and Managing Director.
22 December 2015The Board of Geodynamics wishes to advise that a succession plan for the role of CEO and Managing Director has been implemented. Following an internal and external candidate review process, the Board is delighted to announce that Mr. Christopher Murray has been appointed Managing Director & Chief Executive Officer of Geodynamics. Mr Murray will commence his role from 11 January 2016.
18 November 2015Geodynamics Limited is pleased to announce that its wholly owned subsidiary Quantum Power Limited (Quantum) and Rural Funds Management Limited (RFM) have agreed to a restructure of the project arrangements for the Goulburn Biogas Project. Under the revised arrangements Quantum will build, own and operate the project under a long term Power Purchase Agreement (PPA) between Southern Meats and Quantum.
17 November 2015Presentation to shareholders by Mr Geoff Ward, CEO and Managing Director.
17 November 2015Address to shareholders by Mr Keith Spence, at Geodynamics Limited’s Annual General Meeting in Brisbane on 16 November 2015.