NeuRizer Ltd (AU:NRZ) has released an update.
NeuRizer Ltd is currently engaged in strategic discussions with Meijin Energy Investments and Samsung C&T Corporation, aiming to establish joint ventures and sales agreements that could potentially lead to revenue generation and positive cash flows. Despite these ongoing negotiations, which include a potential $25 million licensing deal with Meijin Energy and a urea sales agreement with Samsung, the company acknowledges that there is no guarantee of successful outcomes.
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