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i-nexus Global rallies on debt issuance proposal

Cloud-based software company i-nexus Global plc hit a 14% rally on Wednesday following news of a proposal to raise £500,000 through a debt issuance to shareholders.

Net proceeds will be applied entirely toward meeting the company's ongoing working capital requirements.

i-nexus shares were last seen changing hands at 4.3p with a market capitalisation of £1.27mln.