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First Graphene Ltd ( (AU:FGR) ) has shared an update.
First Graphene Ltd has successfully raised approximately A$2.4 million through a placement, securing strong institutional support to accelerate its commercial pipeline and enhance revenue streams. This funding will enable the company to advance its commercial opportunities across multiple sectors, particularly in the cement and concrete industry, and expand its global distribution network. The placement demonstrates growing investor confidence in First Graphene’s strategy, which includes international recognition of its proprietary technologies.
More about First Graphene Ltd
First Graphene Limited is a company operating in the advanced materials industry, focusing on the production and commercialization of graphene-based products. The company is involved in high-growth and high-margin sectors, with a particular emphasis on applications in the cement and concrete industry, leveraging its PureGRAPH® technology and patented processes.
YTD Price Performance: 100.0%
Average Trading Volume: 292,130
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $28.41M
Find detailed analytics on FGR stock on TipRanks’ Stock Analysis page.