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Babylon Ends Acquisition Talks, Plans Capital Raise to Lift Suspension

10:00am on Thursday 1st of January, 1970 AEST Resources Services
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Babylon Ends Acquisition Talks, Plans Capital Raise to Lift Suspension

10:00am on Thursday 1st of January, 1970 AEST
Key Points
  • Acquisition negotiations terminated due to unresolved terms
  • Company remains focused on expanding water management platform
  • Capital raising planned to restore working capital
  • Intends to apply for lifting ASX suspension post-raise
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