Brief: Kiland Says Unit To Raise At Least A$6 Million And Up To A$10 Million In Equity Capital

Kiland

09/11/2022 01:12

Nov 9 (Reuters) - Kiland Ltd  KIL.AX :
    * UNIT  RECEIVED COMMITMENTS TO RAISE AT LEAST A$6 MILLION
AND UP
TO A$10 MILLION IN EQUITY CAPITAL
    * PROCEEDS APPLIED TOWARDS DEVELOPMENT OF FLINDERS BIOCHAR
PROJECT
    * UNIT ENTERED INTO AN AGREEMENT TO DELIVER HARVESTED
BIOMASS TO
KI CARBON FOR A NOMINAL TOLLING FEE
    * KILAND PROVIDED A SHAREHOLDER LOAN FACILITY OF UP TO A$10
MILLION TO NOBRAC

Source text for Eikon:  ID:nASX7l9Lhr 
Further company coverage:  KIL.AX 
 ((Reuters.Briefs@thomsonreuters.com;))