Zeotech Limited (AU:ZEO) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Zeotech Limited has successfully raised $1.82 million through a placement of over 60 million new shares to fund strategic initiatives, including projects aimed at producing low-carbon concrete and advancing mining plans. The placement was well received by sophisticated investors and included options expiring in 2025. The capital will support various programs such as feasibility studies, methane control, and production of metakaolin and zeolite samples.
For further insights into AU:ZEO stock, check out TipRanks’ Stock Analysis page.