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Noronex Limited Announces Proposed Issue of 20 Million Unlisted Options

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Noronex Limited Announces Proposed Issue of 20 Million Unlisted Options

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An announcement from Noronex Ltd. ( (AU:NRX) ) is now available.

Noronex Limited has announced a proposed issue of 20,000,000 unlisted options, exercisable at $0.024 and expiring 24 months from the issue date. This move is part of a placement or other type of issue, with the proposed issue date set for December 24, 2025. The announcement may impact the company’s financial structure and market positioning by potentially increasing its capital base and providing additional resources for its operations.

More about Noronex Ltd.

Average Trading Volume: 863,101

Technical Sentiment Signal: Buy

Current Market Cap: A$9.29M

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

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