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NEXION Raises $70K via Convertible Notes Ahead of Key Acquisition

7:02pm on Monday 14th of July, 2025 AEST Technology
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NEXION Raises $70K via Convertible Notes Ahead of Key Acquisition

7:02pm on Monday 14th of July, 2025 AEST
Key Points
  • Issued 700,000 unsecured convertible notes at $0.10 each
  • Raised $70,000 to fund proposed acquisition costs
  • Total convertible notes on issue now 15.8 million
  • Notes mature 31 May 2026 with 10% annual interest
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