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Quickstep GmbH Triftstraße 5 76448 Durmersheim, Germany https://www.quikstep.eu
Contact Read Corporate +61 8 9388 1474
Company logo of Quickstep GmbH
Quickstep GmbH

Quickstep announces convertible Note Issue to raise $ 2.7 Million

(PresseBox) (Ottobrunn, )
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- Quickstep has undertaken a private placement, managed by State One Stockbroking Ltd (State One), to sophisticated and professional investors and clients of State One.
- Placement comprises 13.5 million convertible notes, issued at a face value of 20 cents and convertible at 20 cents per share, to raise A$2.7 million.
- Placement gives certain existing professional and institutional shareholders an opportunity to participate in the Company's capital raising, following today's announcement that Quickstep has also secured a $10M convertible loan agreement with Abu Dhabi-based business consortium, Al Farida Group.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.