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How Will BCAL’s $10M Convertible Note Propel Cancer Test Commercialisation?

8:43am on Monday 20th of October, 2025 AEDT Biotechnology
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How Will BCAL’s $10M Convertible Note Propel Cancer Test Commercialisation?

8:43am on Monday 20th of October, 2025 AEDT
Key Points
  • Convertible note facility up to $10 million for working capital
  • Firm commitments received for $5 million pending legal finalisation
  • Facility subject to shareholder approval at November 26 AGM
  • 10% annual interest with 2-year maturity and conversion discounts
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