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Butn Secures $10M Credit Facility to Accelerate Growth Plans
8:51am on Monday 30th of June, 2025 AEST
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Financial Services
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Butn Secures $10M Credit Facility to Accelerate Growth Plans
8:51am on Monday 30th of June, 2025 AEST
Key Points
Executed $10 million credit facility with Mighty Partners
Non-dilutive funding aimed at working capital and debt refinancing
12-month term with 13.5% interest, interest capitalised initially
Includes potential issuance of 8.3 million options subject to shareholder approval
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