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How ChemX Materials’ $1.2M Loan Could Shape Its Re-listing Fate

10:02pm on Wednesday 18th of March, 2026 AEDT Materials
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How ChemX Materials’ $1.2M Loan Could Shape Its Re-listing Fate

10:02pm on Wednesday 18th of March, 2026 AEDT
Key Points
  • Unsecured $1.2 million loan facility with Ovay Pty Ltd
  • Loan carries 15% annual interest, calculated daily
  • Loan converts to shares upon company’s re-listing, subject to shareholder approval
  • Ovay confirmed as independent third party, not related party
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