Carbonxt Secures $500,000 Convertible Note Funding

Carbonxt Group Ltd (ASX: CG1) (Carbonxt or the Company) advises that it has secured additional funding support from major shareholder Phelbe Pty Ltd through the issue of Convertible Notes. Convertible Notes • The Company will issue up to 500,000 Convertible Notes, each with a face value of $1.00, exercisable at $0.10, and expiring three years from the date of issue. • The Convertible Notes will co