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How Will Elixinol’s $2.5M Raise and New Advisor Drive Its Profit Turnaround?
11:22am on Monday 8th of September, 2025 AEST
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Consumer Staples
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How Will Elixinol’s $2.5M Raise and New Advisor Drive Its Profit Turnaround?
11:22am on Monday 8th of September, 2025 AEST
Key Points
Two-tranche placement raises $2.5 million at $0.0135 per share
1, 1 attaching options exercisable at $0.02 with two-year expiry
Funds earmarked for inventory growth, cost control, and SKU rationalisation
Gavin Evans appointed as strategic advisor to guide operational transformation
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ELIXINOL WELLNESS (ASX:EXL)
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