Green360 Technologies has successfully raised A$4 million through a share placement to fund the commercialisation and scaling of its innovative low-carbon cement technology, supported by institutional investors and strengthened leadership.
- A$4 million placement at A$0.022 per share with strong institutional support
- Appointment of Darren Hedley to bolster leadership during growth phase
- Funds allocated to production scaling, product trials, and customer engagement
- Shareholder approval pending for part of the placement in September 2025
- Focus on commercialising sustainable, low-emission cement solutions
Capital Injection to Fuel Growth
Green360 Technologies Limited (ASX, GT3) has announced a successful capital raising of A$4 million through a placement of approximately 181.8 million new shares priced at 2.2 cents each. The placement attracted strong interest from institutional and sophisticated investors, reflecting growing confidence in Green360’s proprietary low-carbon cement technology and its potential to disrupt the traditional cement market.
The funds raised will be strategically deployed to advance the commercialisation of Green360’s environmentally sustainable cement formulations, which aim to reduce the significant carbon footprint associated with conventional cement production. This capital injection comes at a pivotal moment as the company moves from development towards broader market adoption.
Strengthening Leadership Amid Expansion
In tandem with the capital raise, Green360 has appointed Darren Hedley as a Non-Executive Director, bringing valuable industry expertise and leadership experience to the board. This move signals the company’s commitment to navigating the complexities of scaling production and commercial operations during this critical growth phase.
Executive Chairman Aaron Banks highlighted the strong market demand for sustainable building materials and expressed optimism about the company’s trajectory. He emphasized that Green360’s product not only aligns with evolving environmental regulations but also offers tangible benefits to customers in terms of performance and cost-effectiveness.
Targeted Use of Proceeds
The placement proceeds will support several key initiatives, scaling up production capabilities at the Pittong Kaolin operations, advancing certification processes, and securing strategic partnerships to facilitate market rollout. Additionally, funds will back product trials with industry players and enhance customer engagement efforts to accelerate adoption.
Part of the placement shares (approximately 34.9 million) are subject to shareholder approval, with a general meeting scheduled for late September 2025. This approval is crucial for finalising the full capital raise and ensuring the company has the resources to execute its commercialisation strategy effectively.
Positioning for a Sustainable Future
Green360’s approach addresses a pressing environmental challenge, the high emissions associated with traditional cement manufacturing. By offering a low-carbon alternative that does not compromise on quality or cost, the company is positioning itself to meet increasing demand from construction sectors seeking greener solutions.
While the capital raise and leadership enhancements mark positive steps, the company’s ability to convert these advantages into sustained revenue growth and market share remains to be seen. Investors will be watching closely as Green360 progresses through product certification, scaling operations, and customer trials in the coming months.
Bottom Line?
Green360’s fresh capital and leadership boost set the stage for a critical phase in commercialising low-carbon cement, but execution risks remain.
Questions in the middle?
- Will shareholder approval for the remaining placement shares be secured without delay?
- How quickly can Green360 scale production to meet anticipated demand?
- What early feedback are customers providing from product trials and engagements?