The latest announcement is out from Elixir Energy Limited ( (AU:EXR) ).
Elixir Energy Limited is offering up to 57.1 million SPP Shares to eligible shareholders at 3.5 cents per share, along with up to 28.6 million free SPP Options, aiming to raise up to $2.0 million. This offer, which is not underwritten, is contingent upon shareholder approval at the upcoming general meeting and closes on April 15, 2025. The move could potentially strengthen Elixir’s financial position, though it is considered highly speculative for investors.
More about Elixir Energy Limited
Average Trading Volume: 100
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $28.39M
Learn more about EXR stock on TipRanks’ Stock Analysis page.