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Green360 Technologies Limited (ASX: GT3) has successfully raised AU$4.0 million through a placement of approximately 181.8 million new fully paid ordinary shares at AU$0.022 per share, attracting strong participation from institutional and sophisticated investors. Executive Chairman Aaron Banks highlighted that the funding reflects growing demand for sustainable construction materials and confidence in the company’s proprietary low-carbon cement technology, which offers environmental benefits without compromising performance or cost-effectiveness.
Settlement for the first tranche of 146.9 million shares under ASX Listing Rule 7.1 is scheduled for mid-August 2025, with the remaining 34.9 million shares—subject to shareholder approval—expected in late September. Proceeds will be allocated to scaling production, advancing commercial partnerships, expanding Pittong kaolin operations, conducting product trials, and enhancing customer engagement. The capital will also support working capital needs and placement costs, positioning Green360 to accelerate market rollout and revenue generation while reinforcing its strategy at a critical growth phase.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.