Biome secures $1.2 million revolving debt facility

● $1.2m secured revolving debt facility for working capital purposes to
fund future growth
● Funding facility is non-dilutive for shareholders

On 15 June 2023, Biome announced sales had surpassed $7 million for FY23, a
70% increase on FY22 with half a month remaining in the financial year. With
strong growth of the business expected to continue during FY24, the
Company has put in place a Facility to help fund the working capital
requirements necessary to meet its growth targets for next year while being
non-dilutive to existing shareholders.