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How State Gas’s $3.2M Convertible Notes Could Accelerate Rolleston West Development

11:41am on Monday 8th of December, 2025 AEDT Energy
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How State Gas’s $3.2M Convertible Notes Could Accelerate Rolleston West Development

11:41am on Monday 8th of December, 2025 AEDT
Key Points
  • Raised $3.2 million via unsecured convertible notes at 33% premium
  • Directors convert $0.5 million of debt into convertible notes
  • Funding to accelerate Rolleston West Project pre-development activities
  • Convertible notes convert at premium prices with attaching options
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