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An update from K-TIG Ltd ( (AU:KTG) ) is now available.
K-TIG Ltd is issuing a prospectus to offer between 35 million to 50 million shares at $0.20 each, aiming to raise up to $10 million. This move is part of the company’s strategy to re-comply with the ASX’s listing requirements following a shift in its business activities, marking a significant step in its operational expansion and market rebranding efforts.
More about K-TIG Ltd
K-TIG Ltd, which will be renamed Metal Powder Works Limited, operates within the industry focusing on metal powder production and related technological advancements. The company is engaged in providing innovative solutions in the metalworking sector, with a particular emphasis on scaling its activities and adhering to market regulations.
YTD Price Performance: 0.56%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$26.54M
Learn more about KTG stock on TipRanks’ Stock Analysis page.
