Carbonxt Group Secures $1.03 Million for Expansion

Carbonxt Group Ltd. (AU:CG1) has released an update.

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Carbonxt Group Ltd has successfully raised $1.03 million through a placement of ordinary shares to support its operational expansion in Kentucky. The shares were offered at a slight discount, receiving strong interest from investors. The funds will aid in ramping up the company’s activated carbon plant, enhancing its capabilities in industrial air purification and pollutant capture.

For further insights into AU:CG1 stock, check out TipRanks’ Stock Analysis page.

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