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NH3 Clean Energy Expands Share Issuance to Boost Market Position

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NH3 Clean Energy Expands Share Issuance to Boost Market Position

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Hexagon Energy Materials Ltd. ( (AU:NH3) ) has shared an update.

NH3 Clean Energy Limited, an Australian company, announced the issuance of 9,628,164 fully paid ordinary shares following the exercise of vested performance rights under its Long-Term Incentive Plan. This brings the total number of shares on issue to 646,050,362. The shares were issued without disclosure to investors under the Corporations Act, and the company has complied with relevant provisions of the Act. This move is part of NH3’s strategic efforts to enhance its market position and operational capabilities.

More about Hexagon Energy Materials Ltd.

YTD Price Performance: 244.44%

Average Trading Volume: 952,306

Technical Sentiment Signal: Buy

Current Market Cap: A$39.46M

Find detailed analytics on NH3 stock on TipRanks’ Stock Analysis page.

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