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An update from RLF AgTech Ltd ( (AU:RLF) ) is now available.
RLF AgTech Ltd has successfully completed a placement, raising approximately $4.5 million through the issuance of 90,366,610 new shares at $0.05 each to institutional, sophisticated, and professional investors. This capital injection is expected to bolster RLF’s operations and enhance its market positioning, supporting its ongoing expansion and commitment to sustainable agricultural solutions.
More about RLF AgTech Ltd
RLF AgTech Ltd is an Australian-based company specializing in advanced plant nutrition products aimed at enhancing agricultural productivity, crop quality, and soil health. With over 30 years of expertise, RLF offers high-performance liquid fertilizers and seed treatments designed for efficient nutrient uptake and improved yield outcomes. The company operates a significant network across Australia and has a strong international presence, particularly in China and Asia, focusing on sustainable agriculture and regenerative farming practices.
Average Trading Volume: 315,748
Technical Sentiment Signal: Hold
Current Market Cap: A$19.71M
For a thorough assessment of RLF stock, go to TipRanks’ Stock Analysis page.