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Vinyl Group Secures $1.5M Credit Line and Proposes Equity Swap with Songtradr
8:54am on Monday 30th of June, 2025 AEST
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Vinyl Group Secures $1.5M Credit Line and Proposes Equity Swap with Songtradr
8:54am on Monday 30th of June, 2025 AEST
Key Points
Secured $1.5 million revolving credit line from Songtradr
Credit facility designed to support Vinyl.com e-commerce growth
Proposed equity conversion of historical liabilities subject to shareholder approval
Equity swap includes buyout option for Vinyl.com domain and Neighbouring Rights Advance
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VINYL GROUP (ASX:VNL)
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