G Enone Energy Co.,Ltd. announced a private placement of 832,519 common shares at an issue price of KRW 7,780 for the gross proceeds of KRW 6,476,997,820 on April 3, 2023. The transaction will include participation from XtraLit Ltd. for 832,519 shares. The transaction has been approved by the shareholders of the company and is expected to close on May 4, 2023.

The shares are restricted to a hold period of one year from the date of issuance.