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109.15
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39,023.71
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38,797.51
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0.6617
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78.00
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2,163.90
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109.15
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17,093.50
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39,023.71
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38,797.51
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78.00
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2,163.90
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46.11
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Iron Ore
109.15
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17,093.50
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38,797.51
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109.15
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2,163.90
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2,163.90
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109.15
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39,023.71
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78.00
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2,163.90
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46.11
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Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
Nikkei 225
38,797.51
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FTSE 100
7,747.81
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USD/AUD
0.6617
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71,640.19
(-1.56%)
Oil
78.00
(0.57%)
Gold
2,163.90
(-0.1%)
Lithium
46.11
(4.37%)
Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
Nikkei 225
38,797.51
(-0.06%)
FTSE 100
7,747.81
(1.02%)
USD/AUD
0.6617
(-0.2%)
Bitcoin
71,640.19
(-1.56%)
Oil
78.00
(0.57%)
Gold
2,163.90
(-0.1%)
Lithium
46.11
(4.37%)
Iron Ore
109.15
(1.77%)

Xpon Technologies Group (ASX: $XPN) secures $1.125 million convertible note raising

Xpon Technologies Group (ASX: $XPN) Announcement


XPON Technologies Group Limited (ASX: $XPN) has secured commitments to raise A$1.125 million through the issue of 45,000,000 secured convertible notes. The funds will strengthen the Company's balance sheet and support general working capital.

Founder and Managing Director's Comments


We are pleased to have secured a convertible note raising, including interest from supportive institutional investors. Our focus remains on growing sustainably while driving towards profitability. Raising this capital strengthens our balance sheet and better positions the Company to deliver on its growth and profitability strategy.

Summary of Xpon Technologies Group (ASX: $XPN) Announcement


XPON Technologies Group Limited (ASX: $XPN) has successfully raised A$1.125 million through secured convertible notes to strengthen its balance sheet and support working capital. The Company's focus on sustainable growth and profitability is reinforced by this capital raising, positioning it to deliver on its growth strategy. The issuance of free warrants to investors, subject to obtaining shareholder approval, further demonstrates the Company's commitment to its long-term objectives.

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