NeuRizer Ltd (AU:NRZ) has released an update.
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NeuRizer Ltd is currently navigating financial uncertainties related to contractual negotiations with DL E&C, impacting its ability to finalize its annual report. Despite not entering a third deferred payment agreement, the company is actively seeking a favorable resolution while preparing for potential legal actions if necessary. Additionally, NeuRizer is exploring short-term funding and capital raising to ensure financial stability and the continuation of the NeuRizer Urea Project.
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