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RooLife Group Expands Share Issuance to Strengthen Capital Base

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RooLife Group Expands Share Issuance to Strengthen Capital Base

Confident Investing Starts Here:

The latest announcement is out from RooLife Group Ltd. ( (AU:RLG) ).

RooLife Group Ltd has announced the issuance of 89,250,000 fully paid ordinary shares as part of Tranche 2 of a placement, alongside an additional 7,500,000 shares to Spark Plus Pte Ltd for corporate advisory services. This move signifies the company’s strategic efforts to enhance its capital base and engage in corporate advisory partnerships, potentially impacting its market positioning and stakeholder interests.

More about RooLife Group Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: A$6.37M

Learn more about RLG stock on TipRanks’ Stock Analysis page.

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