XTE 1.77% 57.5¢ xtek limited.

Proceeds from the Facility will be used:  to fund the rollout...

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  1. 249 Posts.
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    Proceeds from the Facility will be used:
     to fund the rollout of XTEK’s proprietary XTclaveTM technology which is used in lightweight armour applications including personal ballistic protection plates;
     for general corporate purposes; and
     for general working capital.

    I like to think it's for point one.
 
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