Hazer Group Announces Successful Equity Raise

Hazer Group Ltd. (AU:HZR) has released an update.

Hazer Group Ltd has successfully raised $963,000 from the issue of equity securities under the Tranche 2 Placement, with the issue of over 1.9 million shares and accompanying options to directors and an advisor, not affecting the company’s existing placement capacities. This strategic move aligns with Hazer’s commitment to advancing their proprietary technology for producing clean hydrogen and high-quality graphite, fueling global decarbonization efforts.

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