Clean TeQ Water Bolsters Growth With $2M Funding

Clean TeQ Water Ltd (AU:CNQ) has released an update.

Clean TeQ Water Ltd has secured a $2 million non-dilutive funding facility to propel its strategic growth initiatives and general working capital needs. This financial move, arranged by Evolution Capital, complements an earlier equity raise of $2.2 million, bringing the total funding package to $4.6 million. The secured term loan is part of the company’s broader strategy to strengthen its financial capacity and fuel its aggressive growth and commercialization agenda.

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