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Locate Technologies Raises $1.45M, Eyes Bitcoin Treasury for Growth

1:21am on Monday 2nd of June, 2025 AEST Technology
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Locate Technologies Raises $1.45M, Eyes Bitcoin Treasury for Growth

1:21am on Monday 2nd of June, 2025 AEST
Key Points
  • Completed $1.45 million placement at 7 cents per share
  • Secured $2 million At-the-Market (ATM) facility with Novus Capital
  • Agreed to cancel 19 million warrants held by Pure Asset Management
  • Plans to hold Bitcoin as a long-term strategic treasury asset
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