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Belararox Ltd. Announces Proposed Issue of 36 Million Securities

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Belararox Ltd. Announces Proposed Issue of 36 Million Securities

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An update from Belararox Ltd. ( (AU:BRX) ) is now available.

Belararox Ltd. has announced a proposed issue of 36,000,000 ordinary fully paid securities, with the issue date set for September 18, 2025. This move is part of a placement or other type of issue, and the company has provided the necessary information to the ASX for potential quotation of these securities. The announcement indicates a strategic effort by Belararox to raise capital, which could impact its market positioning and stakeholder interests.

More about Belararox Ltd.

Average Trading Volume: 334,409

Technical Sentiment Signal: Sell

Current Market Cap: A$17.01M

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

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