RooLife Group Ltd. (AU:RLG) has released an update.
RooLife Group Ltd has successfully completed its entitlement offer, raising $1.5 million through the issuance of new shares and options, which will fund the expansion of its sales platform and support its own brands such as VORA and RLG Kangaroo Beer. The company’s directors and management have shown their confidence by participating in the offer, and the funds will also enhance marketing efforts and service sales demand for high-margin products.
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