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Noronex Limited Announces Proposed Securities Issue

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Noronex Limited Announces Proposed Securities Issue

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

Noronex Limited has announced a proposed issue of securities, including 20 million unquoted options, over 7 million ordinary fully paid shares, and 40 million performance rights. This move is part of a placement or other type of issue scheduled for July 1, 2025, which could impact the company’s market positioning by potentially increasing its capital base and providing more resources for its operations.

More about Noronex Ltd.

Average Trading Volume: 1,502,854

Technical Sentiment Signal: Buy

Current Market Cap: A$8.36M

See more insights into NRX stock on TipRanks’ Stock Analysis page.

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