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Hazer Group Ltd. ( (AU:HZR) ) has provided an update.
Hazer Group Ltd has announced a proposed issue of 6,451,613 ordinary fully paid securities under a securities purchase plan. This move is part of their strategy to raise capital, potentially enhancing their financial position and supporting their ongoing projects in clean hydrogen and graphite production. The issuance of these securities is expected to close on July 9, 2025, with the issue date set for July 16, 2025, indicating a structured approach to bolstering their market presence and operational capabilities.
More about Hazer Group Ltd.
Hazer Group Ltd is a company operating in the technology sector, focusing on the development of innovative processes for the production of clean hydrogen and graphite. The company’s primary products aim to leverage their proprietary Hazer Process, which is designed to provide sustainable and low-emission solutions for hydrogen production, targeting markets that are increasingly focused on reducing carbon footprints.
Average Trading Volume: 216,659
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$82.99M
Find detailed analytics on HZR stock on TipRanks’ Stock Analysis page.
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