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Papyrus Australia Engages L39 Capital and Secures $200K Loan for Biodegradable Product Push

9:32am on Wednesday 22nd of July, 2026 AEST Industrial Products
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Papyrus Australia Engages L39 Capital and Secures $200K Loan for Biodegradable Product Push

9:32am on Wednesday 22nd of July, 2026 AEST
Key Points
  • Related party L39 Capital appointed lead manager
  • Up to $200,000 unsecured loan from Irwin Biotech
  • Loan converts to shares at $0.01 subject to approval
  • Options granted to L39 and Irwin Biotech on conversion
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