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AXP Energy Raises $1.25M to Power Modular Data Centre Expansion

5:39pm on Sunday 1st of June, 2025 AEST Energy
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AXP Energy Raises $1.25M to Power Modular Data Centre Expansion

5:39pm on Sunday 1st of June, 2025 AEST
Key Points
  • Firm commitments to raise $1.25 million via two-tranche placement
  • Placement price at a 9.2% premium to 15-day VWAP
  • Funds to advance modular data centres and working capital
  • Directors committed $165,000 subject to shareholder approval
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