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Papyrus Australia extends TBS trial and secures $200K loan facility

4:34pm on Friday 28th of August, 2026 AEST Manufacturing
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Papyrus Australia extends TBS trial and secures $200K loan facility

4:34pm on Friday 28th of August, 2026 AEST
Key Points
  • TBS contract varied for further sample production
  • Secured $200,000 unsecured loan facility with Irwin Biotech
  • Revised funding arrangements with L39 Capital progressing
  • July cash burn of $159,000 with $426,000 cash at hand
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