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Suvo Strategic Minerals ( (AU:GT3) ) has shared an announcement.
Green360 Technologies has completed an upsized A$4.5 million equity placement at A$0.04 per share, following strong demand from institutional and sophisticated investors, to fund the anticipated commercial rollout of its Eco-Clay low-carbon cement replacement in the first half of 2026. The raising, partly executed under ASX Listing Rule 7.1 with a small director allocation subject to shareholder approval, underpins capital and operating needs for Eco-Clay, development of additional low‑carbon cement formulations, and working capital for its Pittong operations, reinforcing Green360’s push to supply decarbonisation solutions to Australia’s infrastructure industry while it also pursues potential government grant support.
The placement, priced at a discount to recent trading levels, brings in new institutional holders alongside existing long-term shareholders, signalling growing market confidence in Green360’s low-carbon materials strategy. Management reports rising engagement from government departments, contractors and concrete suppliers regarding Eco-Clay’s commercial availability, suggesting the funding boost could accelerate the company’s positioning in the emerging low‑carbon construction materials market and support broader industry efforts to reduce embodied carbon in infrastructure projects.
The most recent analyst rating on (AU:GT3) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Suvo Strategic Minerals stock, see the AU:GT3 Stock Forecast page.
More about Suvo Strategic Minerals
Green360 Technologies is an ASX-listed Australian company focused on low‑carbon cement alternatives, including its flagship Eco-Clay product. The company operates from Pittong in regional Victoria and targets the decarbonisation of the construction and infrastructure sectors by using industrial waste products to replace traditional high-emission cement inputs.
Average Trading Volume: 914,093
Technical Sentiment Signal: Hold
Current Market Cap: A$53.3M
See more data about GT3 stock on TipRanks’ Stock Analysis page.