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An announcement from RemSense Technologies Ltd. ( (AU:REM) ) is now available.
RemSense Technologies Ltd. has announced a capital raising initiative, placing 27.8 million shares to raise $750,600 to support its virtualplant R&D and ISO 27001 certification. The funds will help accelerate the company’s technology platform and compliance efforts, with a focus on converting Tier 1 client opportunities into long-term value.
More about RemSense Technologies Ltd.
RemSense Technologies Ltd. operates in the technology industry, focusing on virtualplant research and development. The company is committed to advancing its technology solutions and meeting cybersecurity standards, with a market focus on Tier 1 clients such as Chevron, Woodside, and Newmont.
Average Trading Volume: 123,274
Technical Sentiment Signal: Sell
Current Market Cap: A$5.69M
Learn more about REM stock on TipRanks’ Stock Analysis page.