K-TIG Ltd (AU:KTG) has released an update.
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K-TIG Limited has successfully raised A$500,000 through a convertible note offering to further fund its operations and explore potential acquisitions. The funds will be used for working capital, including salaries and professional services. This move highlights K-TIG’s commitment to enhancing its financial position and expanding its innovative welding technology.
For further insights into AU:KTG stock, check out TipRanks’ Stock Analysis page.