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Sep 04, 2020

Strong support for Townsville battery factory shares placement

Strong support for Townsville battery factory shares placement

Magnis Energy Technologies has welcomed ‘firm commitments’ from institutional, professional and other investors to raise $7.65 million via a placement of 45,000,000 ordinary shares at 17 cents per Share. The company is proposing to build a battery plant in Townsville. The offer is being managed by joint lead managers Aitken Murray Capital Partners and Foster…

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