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Nanollose Director Acquires Shares in Lieu of Fees

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Nanollose Director Acquires Shares in Lieu of Fees

Nanollose Ltd. ( (AU:NC6) ) has issued an update.

Nanollose Ltd. announced a change in the director’s interest, where Dr. Wayne Best acquired 12,500,000 fully paid ordinary shares and 2,500,000 unlisted options as compensation for director fees owed. This move, approved by shareholders, reflects the company’s strategy to manage its financial obligations while aligning the interests of its leadership with its operational goals.

More about Nanollose Ltd.

Nanollose Ltd. operates in the biotechnology industry, focusing on developing sustainable alternatives to traditional textiles. The company is known for its innovative approach in producing eco-friendly fibers and materials, aiming to reduce the environmental impact of the textile industry.

Average Trading Volume: 393,620

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$5.25M

See more insights into NC6 stock on TipRanks’ Stock Analysis page.

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