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Connxion issues 5m shares in SPP

Connxion issues 5m shares in SPP

Data and transaction services company Connxion Ventures (ASX:MMZ) has revealed it has issued nearly 5.2 million new shares under a share purchase plan.

The shares, which were issued at 3.25 cents per share, were issued without prior notice to investors under the 15% allowance guaranteed in the Corporations Act.

CXN shares are today trading unchanged at $0.030.

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Tags ConnxionShare Purchase PlanASX:CXN

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