Altech Batteries Plans Major Securities Issue

Altech Chemicals Limited (AU:ATC) has released an update.

Altech Batteries Ltd has announced plans to issue a significant number of securities, including 66.7 million ordinary shares and 33.3 million options, with a proposed issue date of November 22, 2024. This move could be a strategic effort to raise capital and enhance its presence in the financial markets.

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

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