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Magnis Energy Technologies Limited ( (AU:RYZ) ) has provided an update.
Ryzon Materials Limited, identified by ASX issuer code RYZ, has announced a proposed issue of securities, which includes 28 million options exercisable at $0.05 expiring in three years and 56 million fully paid ordinary shares. This announcement, dated September 30, 2025, outlines the company’s intention to proceed with a placement or other type of issue, with a proposed issue date of November 28, 2025. This move could potentially impact Ryzon’s market positioning by increasing its capital base, which might be used for future growth initiatives or operational expansions.
More about Magnis Energy Technologies Limited
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$50.38M
See more data about RYZ stock on TipRanks’ Stock Analysis page.