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De.mem issues shares for investor relations services and affirms disclosure compliance

Story Highlights
  • De.mem issued 192,593 new shares for investor relations services, confirming the capital raise complied with Australian disclosure exemptions.
  • The company reported full compliance with reporting and continuous disclosure rules, reinforcing governance as it promotes its advanced water treatment business.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
De.mem issues shares for investor relations services and affirms disclosure compliance

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The latest announcement is out from De.mem Ltd. ( (AU:DEM) ).

De.mem Limited has issued 192,593 fully paid ordinary shares at a deemed price of $0.135 per share as consideration for services provided under an investor relations agreement, and has confirmed that this share issue was conducted without a disclosure document under the relevant capital-raising provisions of the Corporations Act. The company stated it is up to date with its financial reporting and continuous disclosure obligations and that there is no excluded information requiring disclosure, positioning the new shares to trade freely while signalling ongoing regulatory compliance to investors.

This administrative capital action has limited immediate operational impact but supports De.mem’s investor relations efforts, which may help broaden market awareness of its advanced water and wastewater treatment technologies and international footprint. For stakeholders, the modest issuance slightly expands the share base while underscoring the company’s adherence to Australian disclosure requirements, a factor that can influence investor confidence and perceptions of governance.

More about De.mem Ltd.

De.mem Limited is a decentralised water and wastewater treatment company that designs, builds, owns and operates turnkey treatment systems for major clients in mining, electronics, chemical, oil and gas, and food and beverage sectors. It also supplies clean drinking water solutions to municipalities, residential developments and hospitality customers across the Asia-Pacific, leveraging advanced proprietary membrane technologies developed with Nanyang Technological University in Singapore.

Average Trading Volume: 262,257

Technical Sentiment Signal: Sell

Current Market Cap: A$24.83M

Find detailed analytics on DEM stock on TipRanks’ Stock Analysis page.

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