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Dotz Nano Raises Capital via Institutional Share Placement

Story Highlights
  • Dotz Nano placed over 42 million new shares to institutional and sophisticated investors at A$0.042 each.
  • The company affirmed compliance with reporting and disclosure rules, stating no undisclosed material information exists.
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Dotz Nano Raises Capital via Institutional Share Placement

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An update from Dotz Nano Limited ( (AU:DTZ) ) is now available.

Dotz Nano Limited has issued 42,261,906 fully paid ordinary shares at A$0.042 per share to institutional and sophisticated investors via a placement, expanding its capital base without providing a disclosure document under the relevant fundraising provisions of the Corporations Act. The company confirmed it is compliant with key corporate reporting and continuous disclosure obligations and stated there is no excluded information requiring disclosure, signalling regulatory adherence and providing assurance to investors about the transparency and governance surrounding the capital raising.

More about Dotz Nano Limited

Dotz Nano Limited (ASX: DTZ) is a nanotechnology company developing innovative climate and industrial nano-technologies, with a primary focus on carbon dioxide management solutions that support industrial deep decarbonisation through its proprietary carbon-based solid sorbent technology aimed at advancing a carbon-neutral future.

Average Trading Volume: 922,208

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$26.03M

See more insights into DTZ stock on TipRanks’ Stock Analysis page.

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