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SRJ Technologies Raises $2.53M to Fuel UAE Acquisition and Middle East JV

10:33am on Friday 1st of August, 2025 AEST Energy
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SRJ Technologies Raises $2.53M to Fuel UAE Acquisition and Middle East JV

10:33am on Friday 1st of August, 2025 AEST
Key Points
  • Fully underwritten 8-for-9 accelerated entitlement offer at A$0.004 per new CDI
  • Funds to support acquisition of UAE NOC-registered entity and a US$6 million Middle East joint venture
  • Strategic shift to embedded Asset Integrity Maintenance services with AI and ESG integration
  • Leadership overhaul and operational restructuring including UAE headquarters relocation
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