Locate Technologies Raises Nearly AU$169,000 Via Share Placement; Shares Up 27%

MT Newswires Live

2025/07/14

Locate Technologies (ASX:LOC) raised AU$168,915 via the placement of about 1 million shares at an average price of AU$0.166 per share, according to a Monday filing with the Australian bourse.

The funds raised will be used according to the company's treasury management policy, the filing said.

Shares of the company rose nearly 27% in recent Monday trade.

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