Cyclopharm Limited (AU:CYC) has released an update.
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Cyclopharm Limited has announced a new securities placement, proposing the issue of 43,900 ordinary fully paid shares with an issue date set for 28th June 2024. The announcement was made to the ASX in compliance with listing rules, indicating Cyclopharm’s intentions to expand its investor base and raise capital through the securities market. This move underscores the company’s growth strategy and provides an opportunity for investors to partake in its potential expansion.
For further insights into AU:CYC stock, check out TipRanks’ Stock Analysis page.