Patrys Limited Announces Major Securities Issue to Boost Capital
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Patrys Limited has announced a proposed issue of up to 2,217,946,752 ordinary fully paid shares under a non-renounceable pro rata offer to raise capital. This initiative aims to enhance the company's financial position and support ongoing research and development in the biotechnology sector, particularly in developing antibody-based therapies for cancer treatment. The current market cap of Patrys Limited is A$4.73M, with a technical sentiment signal indicating a strong sell.
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