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Dotz Nano Limited (ASX:DTZ)

ALERT: Price-sensitive ASX Announcement for DTZ
Current share price for DTZ : $0.025 -0.019 (-43.18%)+
Announcement
Release
2 Jun 2026 9:58AM
Price at Release
$0.044
Full Release
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Summary
Dotz Nano Limited announced the extension of maturity dates for its Convertible Securities with Mercer Street Capital Partners, now due 31 March 2027. The agreement introduces conversion limitations until 30 September 2026 and allows Dotz the option to settle conversion notices in cash. This move reflects Mercer’s ongoing support for Dotz’s strategic direction, particularly their DotzEarth carbon capture technology.
Key Points
  • Dotz Nano Limited extends maturity dates of Convertible Securities with Mercer Street Capital Partners.
  • The maturity extension covers the Second, Third, and Subsequent Tranches, now due 31 March 2027.
  • Conversion limitations introduced until 30 September 2026 unless a VWAP of greater than $0.07 for 5 consecutive trading days is achieved.
  • The company may opt for cash settlement of future conversion notices.
  • The non-conversion terms of the convertible notes remain unchanged.
  • The extension reinforces Mercer’s support for Dotz’s strategy and growth, specifically their DotzEarth carbon capture technology.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.