SKN 0.00% 0.4¢ skin elements limited

So let me get this straight!16th of April 2020Skin Elements...

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    So let me get this straight!
    16th of April 2020
    Skin Elements Limited (ASX:SKN) (the Company) is pleased to announce that it has secured $10.5 million funding through an Underwriting Agreement with State Securities Pty Ltd to underwrite the exercise of its options expiring on 31 December 2020.

    Today at (5:59 pm Darwin time sorry)

    Production Funding uring the quarter the Company secured a $1 million pre-factoring financing facility with Custodian Australia Pty Ltd of which $250,000 has been drawn down for the purchase of ingredients, packaging and securing production slots with the Company contract production laboratories. This facility has now been increased to $1O million on similar terms which will allow the Company to scale up production for its products to meet demand for large scale orders, particularly for the Invisi-Shield Natural sanitiser.

    actually let me leave it here
 
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