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Hazer Group Completes $10.7M Capital Raise to Boost Decarbonisation Efforts

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Hazer Group Completes $10.7M Capital Raise to Boost Decarbonisation Efforts

Elevate Your Investing Strategy:

The latest announcement is out from Hazer Group Ltd. ( (AU:HZR) ).

Hazer Group Ltd successfully completed a Share Purchase Plan (SPP), raising $2.6 million, complementing a prior share placement that raised $8.1 million. This capital infusion will support the company’s commercialization strategy, enabling further development and deployment of its disruptive technology. With strong shareholder support and strategic partnerships, Hazer is poised to advance its position in the decarbonisation sector, focusing on scaling its technology and expanding its market reach.

More about Hazer Group Ltd.

Hazer Group Ltd is an Australian technology company focused on global decarbonisation through its innovative climate-tech solutions. The company specializes in producing clean hydrogen and high-quality graphite using natural gas or biogas feedstock and iron-ore as a catalyst.

Average Trading Volume: 335,848

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$82.33M

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

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