RLF AgTech to Raise Nearly AU$5 Million via Share Placement

MT Newswires Live

03/27

RLF AgTech (ASX:RLF) received firm commitments to raise around AU$4.5 million through the placement of 69.2 million new shares at AU$0.065 apiece, according to a Friday filing with the Australian bourse.

Proceeds will be used to fund inventory and supply chain requirements, expedite joint venture opportunities, and support a pathway to full commercialization, the filing said.

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