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An update from Hexagon Energy Materials Ltd. ( (AU:NH3) ) is now available.
NH3 Clean Energy Limited has issued 10,718,325 fully paid ordinary shares, with 8,227,019 shares resulting from the conversion of convertible notes and 2,491,306 shares from the exercise of vested performance rights. This issuance increases the company’s total ordinary shares to 696,914,352, aligning with its strategic initiatives to support its future energy projects and market expansion.
More about Hexagon Energy Materials Ltd.
NH3 Clean Energy Limited is an Australian company engaged in the development of future energy projects and materials exploration. The company focuses on delivering decarbonized hydrogen, specifically low-emissions ammonia, to both export and domestic markets through its WAH2 Project, utilizing renewable energy. NH3 also owns the McIntosh Nickel-Copper-PGE project and the Halls Creek Gold and Base Metals project in Western Australia, with an earn-in arrangement on its McIntosh graphite property.
YTD Price Performance: 400%
Average Trading Volume: 1,622,069
Technical Sentiment Signal: Buy
Current Market Cap: A$61.76M
For detailed information about NH3 stock, go to TipRanks’ Stock Analysis page.