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ReNu Energy Secures $500K Loan Notes with Share Conversion Option

7:03pm on Monday 2nd of June, 2025 AEST Energy
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ReNu Energy Secures $500K Loan Notes with Share Conversion Option

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Raised $500,000 via 500,000 zero-interest loan notes
  • Loan notes convertible into 666 million shares and options at $0.00075 conversion price
  • Conversion subject to shareholder approval under ASX Listing Rules
  • 20,000 loan notes allocated to director Greg Watson, requiring separate approval
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