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RLF AgTech Ltd ( (AU:RLF) ) has provided an update.
RLF AgTech Ltd has successfully raised $700,000 through the issuance of unsecured convertible notes to support its operational priorities both domestically and internationally. The funding will enhance the company’s inventory capabilities in China and expand its Australian sales team and marketing efforts. Additionally, the funds will be used for capital expenditure in the LiquaForce business, acquiring new application equipment to improve efficiency and competitiveness in Queensland markets.
More about RLF AgTech Ltd
RLF AgTech Ltd is an Australian-based plant nutrition company that formulates and manufactures advanced crop nutrition products aimed at improving agricultural productivity, crop quality, and soil health. With over 30 years of expertise, RLF offers high-performance liquid fertilizers and seed treatments that enhance nutrient uptake and yield outcomes. The company operates a national distribution network in Australia and has significant operations in China, focusing on sustainable agriculture and regenerative farming practices.
YTD Price Performance: 26.67%
Average Trading Volume: 545,519
Technical Sentiment Signal: Buy
Current Market Cap: A$13.32M
Find detailed analytics on RLF stock on TipRanks’ Stock Analysis page.