Elementos Limited (AU:ELT) has released an update.
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Elementos Limited’s recent entitlement offer raised $822,188 by issuing 8,654,614 new shares, with investors also receiving options exercisable at $0.18 until January 2026. Chairman Andy Greig demonstrated strong confidence in the company’s future by significantly increasing his investment to $1.94 million. The company plans to address the remaining share shortfall through a public offer, aiming to capitalize on the growing demand for tin.
For further insights into AU:ELT stock, check out TipRanks’ Stock Analysis page.