DXN Limited has secured commitments for an AU$ 6,500,000 placement

DXN Ltd (ASX: DXN) announced AU$6.5 million capital raise at AU$0.07 per share. Investors' overwhelming demand serves as a powerful testament to their unwavering confidence in DXN's strategic vision and unparalleled growth potential.

The company announced a significant AU$2 million reduction in debt to Pure Asset Management, a testament to its sound financial management and commitment to long-term sustainability. This reduction, made possible by the proceeds from the placement, is a clear indication of its financial prudence and responsible decision-making. This milestone solidifies the company's financial position and propels it toward becoming a leader in the industry. The company is grateful for the unwavering support of its investors and looks forward to delivering on its promises of growth and success.

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