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Australian Oilseeds Holdings Limited Announces Conversion of Existing A$5 Million of Debt to Equity, Strengthening Balance Sheet Moving Forward
COOTAustralian Oilseeds Holdings Limited(COOT) GlobeNewswire·2025-05-30 12:05

Core Viewpoint - Australian Oilseeds Holdings Limited announced a A5milliondebt−to−equityconversion,enhancingitsfinancialflexibilityandreducingdebt[1][3].Group1:Debt−to−EquityConversion−JSKSEnterprisesPtyLtd.,controlledbyCEOGarySeaton,convertedapproximatelyA5 million debt-to-equity conversion, enhancing its financial flexibility and reducing debt [1][3]. Group 1: Debt-to-Equity Conversion - JSKS Enterprises Pty Ltd., controlled by CEO Gary Seaton, converted approximately A5 million of its outstanding loan into 4,452,479 shares of the Company's ordinary shares [2][3]. - The conversion will reduce the Company's debt by A$5 million and increase shareholders' equity by the same amount, aligning with the strategy to optimize capital structure [3]. Group 2: Company Overview - Australian Oilseeds Holdings Limited is focused on the manufacture and sale of sustainable oilseeds and is committed to eliminating chemicals from production processes [4]. - The Company operates the largest cold pressing oil plant in Australia, processing strictly GMO-free conventional and organic oilseeds [4].