White River Energy CORP
Market Movers (8-K)
OTC.Pink
White River Energy Corp's board approved royalty increases for executives and non-employee directors related to tax credit sales, and a $23.5 million lease acquisition from an entity controlled by the CEO.
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White River Energy Corp has formed a new wholly-owned subsidiary, White River International PLC, in the Abu Dhabi Global Market to explore business opportunities in the United Arab Emirates.
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White River Energy Corp has significantly increased executive salaries, granted substantial stock options, and expanded its equity incentive plan, signaling a major shift in its compensation strategy.
Worse than expected
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White River Energy Corp has received a legal opinion confirming the validity of $5.5 billion in tax credits and plans to sell $5.0 billion of them starting April 29, 2024.
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White River Energy Corp clarifies that its name remains unchanged despite the recent acquisition of Truuli Environmental Inc., which became a wholly-owned subsidiary.
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White River Energy Corp has expanded its portfolio by merging with Truuli Environmental and acquiring carbon credit assets, marking a significant move into the decarbonization sector.
Quarterly Earnings (10-Q)
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White River Energy Corp's Q3 2024 report reveals a net loss amid efforts to monetize tax credits and significant changes in executive compensation.
Capital raise
Worse than expected