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Envirosuite Secures $14.5 Million Funding Facility Extension

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Envirosuite Secures $14.5 Million Funding Facility Extension

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EnviroSuite Ltd ( (AU:EVS) ) has provided an update.

Envirosuite Limited has successfully executed an amendment to extend its existing debt funding facility with Partners for Growth, increasing the total facility to $14.5 million by adding a new $2.0 million interest-only term loan. This extension is expected to enhance Envirosuite’s financial flexibility, supporting its operational and strategic initiatives, and potentially strengthening its position in the environmental technology sector.

The most recent analyst rating on (AU:EVS) stock is a Buy with a A$0.06 price target. To see the full list of analyst forecasts on EnviroSuite Ltd stock, see the AU:EVS Stock Forecast page.

More about EnviroSuite Ltd

Envirosuite Limited operates in the environmental technology industry, providing advanced environmental monitoring and management solutions. The company’s primary products and services focus on real-time environmental data analytics and insights, catering to industries such as aviation, mining, and waste management.

Average Trading Volume: 3,121,550

Technical Sentiment Signal: Hold

Current Market Cap: A$121.7M

See more insights into EVS stock on TipRanks’ Stock Analysis page.

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