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Pure Foods Tasmania Raises $100K as Directors Take Charge of Sales and Costs

9:08am on Tuesday 10th of June, 2025 AEST Consumer Staples
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Pure Foods Tasmania Raises $100K as Directors Take Charge of Sales and Costs

9:08am on Tuesday 10th of June, 2025 AEST
Key Points
  • Issued 5 million shares at $0.02 each with 5 million unquoted options
  • Shares subject to 12-month voluntary escrow
  • Directors Robert Knight and Ken Fleming take on sales and cost reduction roles without extra pay for 12 months
  • Operating costs improved from 65% to 50% of revenue recently
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