Zeotech Limited Plans New Securities Issue

Zeotech Limited (AU:ZEO) has released an update.

Zeotech Limited announced a new placement or other type of securities issue, proposing the issuance of 30,341,667 unlisted options and 60,683,333 fully paid ordinary shares, with options exercisable at $0.06 until October 31, 2025. The proposed issue date is set for October 21, 2024, as the company seeks to expand its financial horizons.

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