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Papyrus Secures Additional $500,000 Convertible Loan Funding
9:26am on Friday 14th of August, 2026 AEST
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Manufacturing
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Papyrus Secures Additional $500,000 Convertible Loan Funding
9:26am on Friday 14th of August, 2026 AEST
Key Points
Additional $500,000 unsecured loan funding secured
Loans accrue 1.5% monthly interest and convertible to notes
Shareholder approval required for note conversion and broker options
Funds to support commercialisation and biodegradable product contract
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Papyrus Australia (ASX:PPY)
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