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ActivEX Limited Completes $800,000 Share Placement

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ActivEX Limited Completes $800,000 Share Placement

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The latest update is out from ActivEX Limited ( (AU:AIV) ).

ActivEX Limited, a company involved in exploration projects, has successfully completed a share placement of $800,000 by issuing 50,000,000 fully paid ordinary shares at $0.016 per share to True Creation Limited. The funds raised will be utilized for loan repayment, further development of existing exploration projects, and general working capital, indicating a strategic move to strengthen financial stability and support ongoing operations.

More about ActivEX Limited

Average Trading Volume: 692,647

Technical Sentiment Signal: Sell

Current Market Cap: A$4.31M

See more insights into AIV stock on TipRanks’ Stock Analysis page.

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