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How Nanollose’s $1.05M Placement Fuels Biomaterials Breakthroughs

2:06am on Monday 2nd of June, 2025 AEST Materials
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How Nanollose’s $1.05M Placement Fuels Biomaterials Breakthroughs

2:06am on Monday 2nd of June, 2025 AEST
Key Points
  • Placement of $1.05 million entitlement offer shortfall completed
  • Concurrent $672,000 strategic placement at $0.016 per share
  • Funds to support pilot production expansion with Birla Cellulose
  • Capital raise strengthens balance sheet for near-term commercialisation
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