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How Will Carbonxt’s $920K Convertible Note and Placement Deal Shape Its Future?
9:37am on Friday 17th of October, 2025 AEDT
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Clean Technology
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How Will Carbonxt’s $920K Convertible Note and Placement Deal Shape Its Future?
9:37am on Friday 17th of October, 2025 AEDT
Key Points
Issuance of up to 400,000 convertible notes exercisable at $0.08
Placement of 8 million shares at $0.075 each, raising $600,000
Funds to boost working capital and increase ownership in New Carbon Processing to 45.9%
Shareholder approval required for attached options; alternative terms if declined
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