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NeuRizer Ltd ( (AU:NRZ) ) has issued an announcement.
NeuRizer reported quarterly activities for the June 2025 period, highlighting a board and governance change as Executive Chairman Justyn Peters assumed the Company Secretary role following the resignation of Non-Executive Director and Company Secretary Jordan Mehrtens. The company also noted that its shares remain suspended under ASX Listing Rule 17.5 as it works with its auditor and the exchange to satisfy conditions for reinstatement.
The company advanced commercial discussions in India for in situ gasification, narrowing negotiations to a single counterparty and reaching a non-binding term sheet and letters of award for a licensing deal and sale of redundant Leigh Creek plant and equipment. NeuRizer continued progressing Stage 1 of the NeuRizer Urea Project, including environmental impact statement work and extensive monitoring and maintenance at the Leigh Creek site, reinforcing its position as a declared Major Project for South Australia and a prospective key supplier of urea to Australian farmers.
More about NeuRizer Ltd
NeuRizer Ltd is an Australian resources and fertiliser company advancing the NeuRizer Urea Project (NRUP) at Leigh Creek in South Australia. The company focuses on in situ gasification technology to produce urea fertiliser, targeting both domestic and international markets with an emphasis on strengthening supply chain security for Australian agriculture.
Average Trading Volume: 9,997,589
Technical Sentiment Signal: Sell
Current Market Cap: A$3.36M
See more insights into NRZ stock on TipRanks’ Stock Analysis page.