Haydale Graphene (GB:HAYD) has released an update.
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Haydale Graphene Industries is set to raise up to £3.5 million through a combination of placing, subscriptions, and a retail offer, aiming to bolster its working capital. The fundraising includes issuing new ordinary shares and convertible loan notes, and is contingent upon a capital reorganization. This move is part of Haydale’s strategic effort to accelerate commercial activities and enhance profitability.
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