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RemSense Technologies Ltd. ( (AU:REM) ) has issued an announcement.
RemSense Technologies Limited has announced the issuance of 100,000 fully paid ordinary shares following the conversion of options exercisable at $0.04 each, with a deadline of November 2026. This issuance was conducted without disclosure to investors under the relevant sections of the Corporations Act 2001, and the company has confirmed compliance with necessary legal provisions, indicating a strategic move to strengthen its financial position.
More about RemSense Technologies Ltd.
RemSense Technologies Limited operates in the technology sector and is listed on the Australian Securities Exchange (ASX:REM). The company focuses on providing innovative technological solutions, although specific products or services are not detailed in the release.
YTD Price Performance: 160.87%
Average Trading Volume: 355,522
Technical Sentiment Signal: Sell
Current Market Cap: A$10M
For detailed information about REM stock, go to TipRanks’ Stock Analysis page.