Green360 Technologies Raises $4.5 Million for Eco-Clay Commercialisation and Low-Carbon Cement Development
Green360 Technologies has completed a $4.5 million share placement to fund the commercialisation of Eco-Clay and develop low-carbon cement alternatives. The company will issue approximately 112.5 million shares at A$0.04 each, reflecting a 10.5% discount to the 5-day VWAP. The funds are aimed at supporting the expected commercialisation of Eco-Clay in the first half of 2026, with settlement proposed for March 12, 2026.
Theia Market Signal Identification - AI Assisted
Green360 Technologies has completed a $4.5 million share placement to support the commercialisation of Eco-Clay and the development of low-carbon cement alternatives. The company plans to issue around 112.5 million shares at A$0.04 each, with the placement upsized from an initial A$3 million due to strong demand.
The share price reflects a 10.5% discount to the 5-day VWAP. Funds will facilitate the anticipated commercialisation of Eco-Clay in the first half of 2026. Settlement is proposed for March 12, 2026, with shares allotted on March 13, 2026. CPS Capital acted as lead manager for the placement.
Comments