DE.MEM Limited Announces New Share Issuance

De.mem Ltd. (AU:DEM) has released an update.

DE.MEM Limited is set to expand its capital through the issuance of 1,750,000 new fully paid ordinary shares, with the proposed issue date slated for June 28, 2024. This strategic move, aimed at bolstering the company’s financial position, is currently pending approval from the ASX for quotation under the standard listing rules.

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

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