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Resources & Energy Group Limited ( (AU:REZ) ) just unveiled an update.
Resources & Energy Group Limited has announced a proposed issue of securities, including 71,428,570 options expiring on June 25, 2027, and 142,857,140 fully paid ordinary shares. This strategic move is aimed at raising capital to support the company’s ongoing projects and enhance its market position within the resources and energy sector.
More about Resources & Energy Group Limited
Resources & Energy Group Limited operates in the resources and energy sector, focusing on the exploration and development of mineral resources. The company is involved in the production and sale of various mineral commodities, catering to the energy and resources market.
Average Trading Volume: 1,900,594
Technical Sentiment Signal: Sell
Current Market Cap: A$12.36M
For detailed information about REZ stock, go to TipRanks’ Stock Analysis page.