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The latest update is out from Hannans Limited ( (AU:RIL) ).
Redivium Limited has withdrawn its European Green Bond issuance due to insufficient subscriber support amid challenging market conditions and its ongoing ASX suspension. Despite securing conditional commitments, the company decided it was in shareholders’ best interests to halt the issuance to avoid unnecessary costs. Redivium plans to revisit the Green Bond initiative when market conditions and operating circumstances improve.
More about Hannans Limited
Redivium Limited is an emerging company in the lithium-ion battery recycling industry, focusing on battery recycling and urban mining projects. The company targets European institutional investors and aims to leverage green-certified capital markets for funding its portfolio of European battery-recycling assets.
Current Market Cap: A$13.58M
See more data about RIL stock on TipRanks’ Stock Analysis page.