AI-Summary – News For Tomorrow
Environmental Clean Technologies (ECT) shares surged by a record 153.5% to A$0.18, reaching their highest point since April 2023. This rally was fueled by the acquisition of Terrajoule, a company specializing in soil remediation technology. In addition to the acquisition, ECT announced plans to raise A$3 million through two tranches of share placements priced at A$0.06 per share. The stock was last up 97.2%, contributing to a year-to-date gain of nearly 400%, reflecting strong investor confidence in the sustainable technology developer.
News summary provided by Gemini AI.
** Shares of Environmental Clean Technologies ECT rise as much as 153.5% to A$0.18, marking its best session ever
** Sustainable technology developer’s stock hits highest level since April 24, 2023 on acquiring Terrajoule for soil remediation tech
** Separately, co to raise A$3 mln ($1.98 mln) via two-tranche placements at A$0.06/share
** Stock last up 97.2%; YTD, gain nearly 400%
($1 = 1.5158 Australian dollars)
