EQTEC plc (GB:EQT) has released an update.
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EQTEC plc announces a successful fundraising initiative, securing £1.1 million through a placement and subscription, and offering a further £200,000 through a retail offer. The company is converting existing debt into equity with key shareholders and has appointed Shard Capital Partners LLP as joint broker. These financial moves aim to strengthen EQTEC’s working capital and accelerate its strategy as a leading provider of waste-to-value energy solutions.
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