PROGREX VENTURES LIMITED announced that it did not raise any funds through public issues, rights issues, preferential issues, or Qualified Institutional Placements (QIPs) during the recent quarter.

As a result, the requirement for a statement detailing any deviation or variation in fund utilization is not applicable for the half-year period.

This update assures investors there has been no new equity dilution from these common funding sources during the reported timeframe.