Terragen Holdings Ltd (AU:TGH) has released an update.
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Terragen Holdings Ltd has successfully issued over 22 million fully paid ordinary shares, raising approximately A$0.77 million through an institutional placement as part of its equity raising initiative. This move is aimed at bolstering its financial resources to support the development and sale of its biological products that enhance agricultural productivity across Australia and New Zealand. Terragen’s innovative offerings, such as MYLO and Great Land Plus, are designed to improve livestock growth and crop yields while promoting environmental sustainability.
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