BlackEarth Minerals NL ( (AU:EVG) ) has shared an announcement.
BlackEarth Minerals NL, operating in the mining industry, is focused on exploring and developing mineral resources, with a particular emphasis on graphite projects. The company announced a pro-rata non-renounceable entitlement issue of up to 219,656,079 new options at $0.003 per option, exercisable at $0.03 each, aiming to raise approximately $658,968. This move is part of their strategy to enhance capital and support future growth, although the options are considered highly speculative. The offer is available only to shareholders in Australia and New Zealand, reflecting the company’s continuous compliance with ASX disclosure obligations.
More about BlackEarth Minerals NL
YTD Price Performance: -3.70%
Average Trading Volume: 364,239
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$10.56M
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