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RemSense Technologies Issues New Shares to Directors and Key Stakeholder

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RemSense Technologies Issues New Shares to Directors and Key Stakeholder

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RemSense Technologies Ltd. ( (AU:REM) ) has issued an update.

RemSense Technologies Ltd. has issued 2,388,886 fully paid ordinary shares, including 1,388,886 shares to directors and 1,000,000 shares to Warren Cook upon conversion of his performance shares. This move, conducted without disclosure to investors under certain provisions of the Corporations Act, indicates compliance with relevant legal requirements and reflects strategic financial maneuvers to strengthen the company’s market position.

More about RemSense Technologies Ltd.

RemSense Technologies Ltd. operates in the technology sector, focusing on providing innovative solutions and services. The company is listed on the Australian Securities Exchange (ASX) under the ticker REM.

Average Trading Volume: 383,448

Technical Sentiment Signal: Hold

Current Market Cap: A$7.76M

For detailed information about REM stock, go to TipRanks’ Stock Analysis page.

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