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An update from Magnis Energy Technologies Limited ( (AU:RYZ) ) is now available.
Ryzon Materials Limited has announced a proposed issue of 3,000,000 ordinary fully paid securities, with the issue date set for December 3, 2025. This move is part of a placement or other type of issue, and the company has submitted the necessary documentation to the Australian Securities Exchange (ASX) for approval and quotation of these securities. This issuance could potentially enhance Ryzon Materials Limited’s financial position and market presence, providing additional capital for growth and operational initiatives.
More about Magnis Energy Technologies Limited
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$50.38M
Learn more about RYZ stock on TipRanks’ Stock Analysis page.