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GREEN360 TECHNOLOGIES LIMITED — Capital/Financing Update 2025
Aug 10, 2025
65020_rns_2025-08-10_1a06472a-5239-49e4-abb5-aa908567e497.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT 11 August 2025
SUCCESSFUL A$4 MILLION PLACEMENT TO FUND COMMERCIALISATION OF LOW-CARBON CEMENT PRODUCTION
HIGHLIGHTS
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Firm commitments of A$4.0 million received. Placement strongly supported by institutional and sophisticated investors.
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Recent appointment of Darren Hedley brings further proven leadership and deep industry expertise, reinforcing the Company’s low carbon cement commercialisation strategy at a critical growth phase.
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Proceeds from the Placement will support the continued development and commercialisation of the Company’s low-carbon cement, enabling expanded business development, customer engagement, and broader market rollout.
Green360 Technologies Limited (ASX:GT3) (“Green360” or “the Company”) is pleased to announce it has received firm commitments totalling A$4.0 million (before costs). The Company proposes to issue approximately 181,818,181 new fully paid ordinary shares (“Shares”) at an issue price of A$0.022 per Share (“Placement”).
Executive Chairman Aaron Banks Commented: “We are very pleased to have successfully completed this $4 million Placement, which marks a positive step forward in our journey to commercialise our low-carbon cement formulations. The strong interest we received reflects the growing market demand for sustainable construction solutions and the confidence in the unique value our technology offers.
“We are seeing increasing engagement from both existing and new customers who are actively seeking more environmentally responsible building materials that do not compromise on performance or cost-effectiveness. Our product is not only better for the planet, it also delivers tangible benefits for our customers, including reduced emissions, improved sustainability credentials, and alignment with evolving regulatory and industry standards.
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Aaron Banks Mark Pensabene Peter Trinder Darren Hedley
Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director
Green360 Technologies Ltd. ABN 97 140 316 463
Head Office: Level 11, 40 The Esplanade, Perth, Western Australia 6000
Operations: 3610 Glenelg Highway, Pittong, Victoria 3360
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“I would like to sincerely thank our existing and new institutional and sophisticated investors for their support and belief in our vision. Their backing provides us with the capital and momentum needed to scale our commercial operations, accelerate customer adoption, commence revenues, and continue delivering a product that is both good for business and good for the environment.”
Details of the Placement
The Company proposes to issue approximately 181,818,181 fully paid ordinary shares to existing and new institutional and sophisticated investors participating in the Placement at a price of $0.022, raising a total of A$4.0 million before costs.
The issue price of $0.022 represents a discount of 24% to the Company’s 10-day volume average price (VWAP), 21% discount to the 5-day VWAP and 31% discount to the last close price.
The issue of 146,909,090 Placement shares will be completed utilising the Company’s Listing Rule 7.1 placement capacity (Tranche 1). The issue of the remaining 34,909,091 shares, and subject to shareholder approval, is to a single institution. The Company anticipates holding a general meeting of shareholders to approve the issue of securities requiring shareholder approval in late September 2025. The Company will provide further details on the general meeting, as soon as possible.
CPS Capital acted as lead manager to the Placement.
Settlement of funds using the Company’s Listing Rule 7.1 capacity is proposed for Friday 15 August 2025, with shares to be allotted on or around Monday 18 August 2025. Placement shares subject to shareholder approval are anticipated to be issued in late September 2025.
Use of Funds
Proceeds from the Placement will be strategically deployed to support key growth and commercialisation initiatives across the business:
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Commercialisation of Low-Carbon Cement Formulations: Capital will be directed towards advancing the development and market readiness of the Company’s proprietary low-carbon (green) cement technologies. This includes scaling up production capabilities, certification processes, and securing strategic commercial partnerships.
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Pittong Kaolin Operations – Working Capital and Expansion: Funds will be allocated to build out the supply chain for metakaolin production, sales at Pittong and a financial study that includes phase 2 scaling at Trawalla. This also includes increasing processing capacity and enhancing operational efficiency to meet growing demand.
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Product Trials and New Customer Engagement: Funding will also support targeted product trials with key industry players, as well as initiatives aimed at accelerating customer engagement and securing early adoption of the Company’s innovative, environmentally sustainable cement solutions.
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General Working Capital and Costs of the Offer: The remaining funds will be used for general corporate purposes, including working capital requirements, and to cover costs associated with executing the Placement.
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This announcement is intended to lift the trading halt applied for and granted on 7 August 2025.
Approved for release by the Board.
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For further information, please contact
Aaron Banks Stephanie Richardson Executive Chairman Sodali & Co E: [email protected] E: [email protected] P: +61 8 9389 4495 P: +61 423 459 440
Join Green360 Technologies’ Interactive Investor Hub
Visit https://investorhub.g360tech.au/auth/signup to sign up and receive updates.
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About Green360 Technologies Limited
Green360 Technologies (ASX:GT3) is an Australian-based building materials company leading the development of low-cost, low-carbon cement to address an immediate demand in the market. Traditional cement production is a major industrial polluter; Green360 Technologies is using innovative methods to produce an alternative, delivering improved performance and a reduced emissions profile.
Green360 Technologies is executing a commercialisation plan alongside a reputable market leader, focused on near-term and widespread industry adoption of the Company's low-carbon cement.
FORWARD-LOOKING STATEMENTS
This release may contain certain forward-looking statements with respect to matters including but not limited to the financial condition, results of operations and business of GT3 and certain of the plans and objectives of GT3 with respect to these items.
These forward-looking statements are not historical facts but rather are based on GT3’s current expectations, estimates and projections about the industry in which GT3 operates and its beliefs and assumptions.
Words such as "anticipates," “considers,” "expects," "intends," "plans," "believes," "seeks," "estimates", "guidance" and similar expressions are intended to identify forward looking statements and should be considered an at-risk statement. Such statements are subject to certain risks and uncertainties, particularly those risks or uncertainties inherent in the industry in which GT3 operates.
These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the control of GT3, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. Such risks include, but are not limited to resource risk, product price volatility, currency fluctuations, increased production costs and variances in product grade or recovery rates from those assumed in mining plans, as well as political and operational risks in the countries and states in which we sell our product to, and government regulation and judicial outcomes. For more detailed discussion of such risks and other factors, see the Company’s Annual Reports, as well as the Company’s other filings.
GT3 cautions shareholders and prospective shareholders not to place undue reliance on these forward-looking statements, which reflect the view of GT3 only as of the date of this release.
The forward-looking statements made in this announcement relate only to events as of the date on which the statements are made.
GT3 will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority.
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