Graphene & Solar Technologies Ltd. (GSTX) has released an update to notify the public and investors about an entry into a material definitive agreement.
Graphene & Solar Technologies Limited (GSTX) has taken a pivotal step towards expanding its portfolio by signing a preliminary Memorandum of Understanding to potentially acquire shares from Henosis Limited, a move that could significantly enhance GSTX’s position in the high-purity quartz sand and crucible market for solar and semiconductor production. The deal, hinging on successful due diligence and negotiations, could materialize into a definitive agreement within 90 days, signaling a strategic move for stakeholders following the solar and semiconductor industries.
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For a comprehensive understanding of the announcement, you can read the full document here.
