Duxton Water Limited announced that it has closed the private placement of up to 4,833,334 common shares at a price of AUD 1.50 per common share for gross proceeds of AUD 7,250,000 on July 3, 2023. The transaction included participation from institutional, sophisticated, and professional investors The company will issue shares on July 10, 2023. New shares to be issued in connection with the Placement will be issued under the Company’s placement capacity in accordance with ASX Listing Rule 7.1.