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NH3 Clean Energy Raises $732,500 in Share Placement
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NH3 Clean Energy Raises $732,500 in Share Placement

Hexagon Energy Materials Ltd. (AU:NH3) has released an update.

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NH3 Clean Energy Limited, formerly Hexagon Energy Materials, has successfully raised $732,500 through a share placement, receiving strong backing from both existing and new investors. The placement will be conducted in three tranches, with the first already completed, raising $560,400. The company is leveraging its placement capacity under ASX rules and continues to advance its projects focused on decarbonized hydrogen and energy materials.

For further insights into AU:NH3 stock, check out TipRanks’ Stock Analysis page.

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