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