Acusensus Limited has announced a $30 million equity placement to bolster its balance sheet, alongside winning a landmark $34 million contract in Connecticut, marking a significant step in its US expansion. The company also reported multiple contract expansions in Australia and a new debt facility to support its growth ambitions.
Acusensus Limited has successfully raised $30 million through a placement of 20 million shares at $1.50 each, supported by both existing and new investors. The capital injection aims to fuel business development, product innovation, and operational expansion.
Metallium Ltd, formerly MTM Critical Metals, has upgraded its U.S. listing to the OTCQX Best Market, enhancing investor access and aligning with its expanding U.S. operations including a new Texas commercial site.