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Carbonxt Raises $600K to Boost Stake in New Carbon Processing

9:52am on Monday 5th of January, 2026 AEDT Cleantech
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Carbonxt Raises $600K to Boost Stake in New Carbon Processing

9:52am on Monday 5th of January, 2026 AEDT
Key Points
  • Placement of 6.67 million shares at $0.09 each raises $600,000
  • Major shareholder Phelbe Pty Ltd and high-net-worth investors participated
  • Placement price at a 10% discount to last closing price
  • Funds allocated to working capital and increased investment in New Carbon Processing
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