Alexium International Group Limited (AU:AJX) has released an update.
Alexium International Group Limited has announced the issuance of over 50 million new Ordinary Shares following the approval at their 2024 Extraordinary General Meeting, in compliance with the Corporations Act. The shares were allocated to unrelated parties and Colinton Capital Partners, ensuring all necessary legal and disclosure requirements were met. This strategic move is set to bolster the company’s market position in providing advanced material applications, including flame retardancy and thermal management solutions.
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