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TrivarX Limited Announces Proposed Securities Issue

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TrivarX Limited Announces Proposed Securities Issue

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TrivarX Limited ( (AU:TRI) ) has shared an announcement.

TrivarX Limited has announced a proposed issue of securities, with a maximum of 102,818,898 ordinary fully paid shares to be issued. This move is part of a placement or other type of issue, with the proposed issue date set for March 24, 2025. This announcement may impact the company’s market positioning by potentially increasing its capital base, which could be used for strategic expansions or operational enhancements, thereby affecting stakeholders’ interests.

More about TrivarX Limited

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.43M

For an in-depth examination of TRI stock, go to TipRanks’ Stock Analysis page.

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