Listing Loop was born out of the realisation that property buyers in Australia needed a fresh approach to finding and buying properties.

Listing Loop Group's core vision is to create a comprehensive ecosystem that caters to the diverse needs of both buyers and sellers.

This transaction involves Mighty Craft selling 7.5% of Better Beer shares to PURE for approximately $6.1 million, resulting in debt reduction and termination of the Royalty Deed obligations.

Despite challenges, CHL expects a return to normal trade by June FY24 and anticipates improved operational effectiveness and cost savings of $3-4 million in FY25, enabling accelerated growth in core European markets.

The proceeds will be used to advance strategic growth initiatives, including the integration of the recently acquired Tankweld, and to secure a working capital facility.

This funding will support the company's global growth strategy, including expanding its operating businesses, commercializing new products, and entering new markets.