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Adherium Limited Announces Proposed Securities Issue

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Adherium Limited Announces Proposed Securities Issue

An announcement from Adherium Ltd. ( (AU:ADR) ) is now available.

Adherium Limited has announced a proposed issue of securities, including 445,000,000 convertible notes and 222,500,000 unlisted options exercisable at $0.02, with an expiration of three years from the issue date. This move is part of a placement or other type of issue, with the proposed issue date set for April 30, 2025. The issuance aims to enhance Adherium’s financial resources, potentially impacting its market positioning and offering new opportunities for stakeholders.

More about Adherium Ltd.

Average Trading Volume: 964,577

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$7.59M

See more data about ADR stock on TipRanks’ Stock Analysis page.

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