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RemSense Technologies Expands Share Capital with New Issuance

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RemSense Technologies Ltd. ( (AU:REM) ) has issued an update.

RemSense Technologies Limited has issued 250,000 fully paid ordinary shares following the conversion of options, each exercisable at $0.04, with a maturity date before November 2026. This issuance was conducted without disclosure to investors under specific provisions of the Corporations Act, and the company confirms compliance with relevant legislative requirements, indicating a strategic move to enhance its capital structure.

More about RemSense Technologies Ltd.

RemSense Technologies Limited operates in the technology industry, focusing on providing innovative solutions and services. The company is listed on the Australian Securities Exchange (ASX) under the ticker REM.

YTD Price Performance: 220.0%

Average Trading Volume: 361,291

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$10.64M

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

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