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Why Did Chariot Delay Convertible Note Conversion and Issue 1.75M Shares?

9:10am on Tuesday 3rd of June, 2025 AEST Mining
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Why Did Chariot Delay Convertible Note Conversion and Issue 1.75M Shares?

9:10am on Tuesday 3rd of June, 2025 AEST
Key Points
  • Convertible note non-conversion period extended to 13 July 2025
  • 1 million shares issued to Obsidian Global GP, LLC as extension consideration
  • 750,000 shares issued to Max Wealthy International Limited for facilitation
  • Shares issued under existing capacity without shareholder approval
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