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Pure Foods Tasmania Surpasses $1.7M Capital Raise, Narrows FY25 Loss

9:56am on Monday 1st of September, 2025 AEST Consumer Staples
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Pure Foods Tasmania Surpasses $1.7M Capital Raise, Narrows FY25 Loss

9:56am on Monday 1st of September, 2025 AEST
Key Points
  • Oversubscribed $1.76 million capital raise exceeding target by $400,000
  • Conversion of $1.19 million shareholder loans to equity strengthens balance sheet
  • Directors subscribed $610,000, showing strong board commitment
  • FY25 net loss improved by $1.1 million year-on-year to $2.8 million
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