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HARVEST TECHNOLOGY GROUP LTD — Capital/Financing Update 2025
Dec 18, 2025
65075_rns_2025-12-18_cfd976b8-b3d1-4097-b4d2-583cdb209d35.pdf
Capital/Financing Update
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Announcement to ASX ASX Code: HTG
19 December 2025
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FURTHER DRAWDOWN OF RIVERFORT FUNDING FACILITY
Perth, Western Australia : Harvest Technology Group Limited (ASX: HTG | FSE:HTE) (“ HTG ” or the “ Company ”) advises that it has drawn down a further $1 million in convertible securities and will issue attaching options (please refer to ASX Announcement on 26 September 2025 for terms of the options) under its existing funding facility with RiverFort Global Opportunities PCC Ltd (“ RiverFort ”).
These convertible securities and attaching options will be issued without shareholder approval, utilising the Company’s placement capacity under Listing Rule 7.1, which was refreshed at the Annual General Meeting held on 28 November 2025.
This drawdown forms part of the $6 million funding facility announced on 26 September 2025. The Company previously drew down $1.5 million of convertible securities on 29 September 2025, with that drawdown subsequently ratified by shareholders at the Annual General Meeting held on 28 November 2025.
Use of Funds
The proceeds from the drawdown will be used to:
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accelerating execution across contracted and pipeline opportunities;
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support working capital as revenues scale; and
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strengthening the Company’s balance sheet to enable near-term growth initiatives.
Key Terms
The key terms of this $1million drawdown are consistent with those previously disclosed in the ASX announcement dated 26 September 2025 titled “$6 million Funding Facility ”.
Remaining Facility
Following this drawdown, the Company has $3.5 million remaining available under the RiverFort funding facility, subject to the terms and conditions of the agreement.
HTG Chief Executive Officer, Ilario Faenza, said:
“We are pleased to draw down an additional $1 million of the RiverFort funding facility, which further enhances our company’s liquidity and provides the flexibility to accelerate key strategic initiatives while maintaining operational momentum.”
This announcement was authorised for release by the Board of Harvest Technology Group Limited.
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7 Turner Avenue, Bentley WA 6102 P: +61 8 6370 6370
ABN: 77 149 970 445
Announcement to ASX ASX Code: HTG
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Corporate & media enquiries, please contact:
Email: [email protected]
Investor enquiries, please contact:
Mr George Lazarou Company Secretary Tel: + 61 8 6370 6370 | Email: [email protected]
About Harvest Technology Group
Harvest Technology Group Limited (ASX: HTG) is a global leader in network optimised remote operations that deliver real-time remote control, communication, automation, and monitoring capabilities. Headquartered in Perth, Australia, the group of companies is revolutionising remote field services with ultra-low bandwidth Network Optimised Livestreaming solutions that enable customers to stay connected to operations and personnel anywhere in the world while utilising just a fraction of existing bandwidth resources.
To learn more please visit: https://harvest.technology/
If you would like to receive the HTG Insights Newsletter for future updates, please visit our website and subscribe at the bottom of the page.
Forward Looking Statements
Statements contained in this release, particularly those regarding possible or assumed future performance, revenue, costs, dividends, production levels or rates, prices, or potential growth of Harvest Technology Group Limited, are, or maybe, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.
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7 Turner Avenue, Bentley WA 6102 P: +61 8 6370 6370 ABN: 77 149 970 445