Since 21 January Wave Swell Energy Ltd (WSE) has been conducting a capital raising round of A$500,000, with the submission of share applications officially closing on 28 February, 2020.
The development of WSE’s King Island wave energy project is on schedule. The unit is expected to be installed and operational by the middle of 2020.
WIN TV in Tasmania aired a segment on the station’s prime time nightly news on October 25.
On behalf of the WSE board, I am very pleased to announce that the company’s second private capital round is now closed. The round, which was oversubscribed, raised $5.8 million
Wave Swell is a developer of world leading proprietary technology which works to convert the energy in ocean waves into clean and emissions free electricity.