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Carbonxt Announces Board Change with Director Resignation

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Carbonxt Announces Board Change with Director Resignation

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Carbonxt Group Ltd. ( (AU:CG1) ) has issued an update.

Carbonxt Group Ltd announced the resignation of Mr. Imtiaz Kathawalla from its Board as a Non-Executive Director, effective immediately. Mr. Kathawalla played a crucial role during a period of strategic and operational progress, including the development of the Kentucky activated carbon facility. His departure marks a significant change in the company’s board composition, potentially impacting its strategic direction and stakeholder relations.

More about Carbonxt Group Ltd.

Carbonxt Group Ltd is a cleantech company specializing in the development and marketing of specialized activated carbon products. These products are designed to capture contaminants in industrial processes that emit significant amounts of harmful pollutants. The company produces powdered activated carbon and activated carbon pellets for industrial air purification, wastewater treatment, and other liquid and gas phase markets.

Average Trading Volume: 274,759

Technical Sentiment Signal: Sell

Current Market Cap: A$20.93M

For detailed information about CG1 stock, go to TipRanks’ Stock Analysis page.

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