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Magnis Energy Technologies Limited ( (AU:RYZ) ) just unveiled an announcement.
Ryzon Materials Limited has announced a proposed issuance of securities, including options exercisable at $0.05 and ordinary fully paid shares, with a total of 509,820,000 securities to be issued. This move is part of a placement or other type of issue, with the proposed issue date set for November 28, 2025. The announcement is aimed at enhancing the company’s capital base and potentially improving its market position.
More about Magnis Energy Technologies Limited
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$50.38M
See more insights into RYZ stock on TipRanks’ Stock Analysis page.