Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Resources & Energy Group Limited ( (AU:REZ) ) is now available.
Resources & Energy Group Limited has completed a placement of 142,857,140 new ordinary shares at 1.4 cents per share to investors, strengthening its capital position. The company confirmed that the placement was conducted without the need for a prospectus under Australian corporations law and stated it remains compliant with its financial reporting and continuous disclosure obligations, with no undisclosed price-sensitive information, providing assurance to shareholders and the market regarding regulatory transparency.
More about Resources & Energy Group Limited
Resources & Energy Group Limited is an Australian resources company listed on the ASX that focuses on exploration and development of mining and energy projects, with operations and corporate headquarters based in Sydney, New South Wales.
Average Trading Volume: 1,910,752
Technical Sentiment Signal: Sell
Current Market Cap: A$10.05M
For a thorough assessment of REZ stock, go to TipRanks’ Stock Analysis page.