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Magnis Energy Technologies Limited ( (AU:RYZ) ) has issued an announcement.
Ryzon Materials Ltd has received an extension from the ASX for its automatic removal deadline to December 19, 2025, to allow further review of its capital raising activities. Additionally, the offer period for its current capital raising has been extended to December 10, 2025, indicating ongoing efforts to secure funding and support its strategic goals in the green energy sector.
More about Magnis Energy Technologies Limited
Ryzon Materials Ltd is a vertically integrated company specializing in lithium-ion battery technology and materials, playing a significant role in the lithium-ion battery supply chain. The company aims to facilitate the widespread adoption of electric mobility and renewable energy storage, which are essential for the transition to green energy.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$50.38M
For an in-depth examination of RYZ stock, go to TipRanks’ Overview page.