Stemcell United Ltd. (AU:BP8) has released an update.
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BPH Global Limited has secured $130,000 in debt funding from its directors and an external party to support its operations until a planned $1,000,000 capital raise is completed. The unsecured loan comes with a 12% annual interest rate and is set for repayment by February 2025. This strategic financial move aims to bolster the company’s working capital in the short term.
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