Hazer Group (ASX:HZR) received AU$2.2 million from the Western Australian government's Lower Carbon Grant-Gorgon Fund (LCG) financial assistance agreement, bringing this quarter's total funding to AU$4.3 million, according to a Monday filing with the Australian bourse.
The non-dilutive funds support Hazer's liquidity and the commercial scale-up of its Western Australian technology, the filing said.
Shares of the company rose 3% in recent Monday trade.
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