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Resources & Energy Group Issues Securities to Settle Geological Service Fees

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Resources & Energy Group Issues Securities to Settle Geological Service Fees

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Resources & Energy Group Limited ( (AU:REZ) ) has shared an announcement.

Resources & Energy Group Limited has announced the issuance of 2,000,000 ordinary fully paid securities to settle outstanding fees owed to a provider of geological services. This move is part of the company’s strategy to manage its financial obligations and could potentially impact its liquidity and stakeholder relations positively.

More about Resources & Energy Group Limited

Resources & Energy Group Limited operates in the resources and energy sector, focusing on the exploration and development of mineral resources. The company is involved in providing geological services and is listed on the Australian Securities Exchange (ASX).

Average Trading Volume: 1,086,789

Technical Sentiment Signal: Buy

Current Market Cap: A$20.81M

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

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