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DTZ — Dotz Nano News Story

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Australia's Dotz Nano climbs on five-year Israeli hotel contract

BUZZ-Australia's Dotz Nano climbs on five-year Israeli hotel contract

** Shares of Dotz Nano DTZ.AX rise as much as 7.7% to A$0.014, their biggest intraday pct gain since October 26

** Stock is down 22.2% for the week, on track for its worst weekly performance in over two months

** Industrial nanotechnology developer signs a five-year agreement to deploy its ChillerAI system across six AFI Hotels properties in Israel

** Performance-based agreement is expected to generate about A$174,000 annually, with Dotz receiving 40% of verified electricity savings

** YTD, stock down 65%, including the session's moves


(Reporting by Paridhi Minda in Bengaluru)

((Paridhi.minda@thomsonreuters.com;))

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