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Carbonxt Raises $500K Convertible Notes, Expands US Stake to 47.4%
10:38am on Wednesday 25th of February, 2026 AEDT
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Clean Technology
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Carbonxt Raises $500K Convertible Notes, Expands US Stake to 47.4%
10:38am on Wednesday 25th of February, 2026 AEDT
Key Points
Issued 500,000 convertible notes at $1 face value, convertible at $0.10
Convertible notes expire in three years with free-attaching options
Proceeds allocated to working capital and $250,000 investment in New Carbon Processing
Ownership in New Carbon Processing increased to 47.4%
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