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nanollose Limited (ASX:NC6)

ALERT: Price-sensitive ASX Announcement for NC6
Current share price for NC6 : $0.052 -0.02 (-27.78%)+
Release
30 Jan 2026 8:43AM
Price at Release
$0.072
Full Release
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Summary
Nanollose Limited reported their operational and financial activities for the quarter ending 31 December 2025. The company advanced its fourth pilot production spin of Nullarborâ„¢, a forest-friendly fibre, and optimized its microbial cellulose process for direct integration into lyocell production lines. This pilot is anticipated to produce the company's largest batch of 500kg of Nullarbor-30â„¢ fibre. Financially, the company reported net cash used in operating activities at $519,000, with cash at the end of the period totaling $272,000. Additional funding of $53,210.02 was received post-quarter through options exercise, supporting ongoing operations and scaling efforts. The firm also strengthened its intellectual property with new patent filings and grants, expanding its protection across multiple jurisdictions.
Key Points
  • Fourth pilot production spin of Nullarborâ„¢ fibre underway.
  • Optimized microbial cellulose process for existing lyocell infrastructure.
  • Expected production of 500kg of Nullarbor-30â„¢ fibre.
  • Net cash used in operating activities was $519,000.
  • Cash balance at quarter end was $272,000.
  • Post-quarter funding of $53,210.02 from options exercise.
  • Strengthened intellectual property with new patents and filings.
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.