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RLF AgTech Retracts Trial Results Amid Debt Restructuring and Growth Push
8:02pm on Thursday 23rd of January, 2025 AEDT
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Agriculture
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RLF AgTech Retracts Trial Results Amid Debt Restructuring and Growth Push
8:02pm on Thursday 23rd of January, 2025 AEDT
Key Points
Retraction of field trial results for non-compliance with ASX Listing Rules
Debt reduction of approximately $2 million through revised repayment terms
Completion of $1.05 million equity placement with a $2.42 million rights issue underway
Expansion of Australian business with new distribution agreements and product launches
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