Nanoxplore (TSE:GRA) has released an update.
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NanoXplore Inc., a leader in graphene technology, has secured a $60M credit facility with RBC to enhance liquidity and support its five-year strategic plan. The facility includes a revolving credit line, equipment leasing, and term loans, and will allow for the repayment of existing debts. This financial boost is coupled with an anticipated $80M in government incentives, positioning the company for significant growth and capital projects through 2026.
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