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Locate Technologies Announces Proposed Securities Issue

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Locate Technologies Announces Proposed Securities Issue

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The latest announcement is out from Zoom2u Technologies Ltd. ( (AU:LOC) ).

Locate Technologies Limited, operating under the ASX issuer code LOC, has announced a proposed issue of securities, specifically 32,580,061 ordinary fully paid shares, with the issue date set for June 2, 2025. This move indicates the company’s strategy to potentially raise capital, which could impact its market position and stakeholder interests by enhancing its financial flexibility and growth opportunities.

More about Zoom2u Technologies Ltd.

Average Trading Volume: 73,232

Technical Sentiment Signal: Strong Sell

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

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