Refinancing completes and repays PURE in full

Locate Technologies Limited (NZX: LOC) confirms that it has completed the refinancing announced on 6 November 2026. Proceeds from its A$3.5 million senior secured debt facility (A$3.0 million drawn) and the A$1.0 million convertible note, together with existing cash, have been used to repay the PURE Asset Management facility in full (A$4,039,254.79). PURE has released all of its security over the Group, and the convertible note has been issued.