RLF AgTech Ltd (AU:RLF) has released an update.
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RLF AgTech Ltd has announced a pro-rata non-renounceable entitlement issue, offering 3 shares for every 10 shares held, priced at $0.03 per share, with the potential to raise up to $2.4 million. The offer also includes the issuance of free new options, managed by Sequoia Corporate Finance and SP Corporate Advisory. This move presents a speculative investment opportunity for shareholders and highlights the company’s efforts to raise capital.
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