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Elixir Energy Limited ( (AU:EXR) ) just unveiled an update.
Elixir Energy Limited has issued 339,905,533 fully paid ordinary shares to Omega Oil & Gas Limited as part of a two-tranche placement. This move, executed without the need for investor disclosure under specific provisions of the Corporations Act, signifies a strategic financial maneuver to bolster Elixir’s capital, potentially enhancing its operational capacity and market positioning.
More about Elixir Energy Limited
Elixir Energy Limited operates in the energy sector, focusing on the exploration and development of energy resources. The company is involved in projects that aim to harness and supply energy, contributing to the energy market with a focus on sustainable and efficient energy solutions.
Average Trading Volume: 3,398,624
Technical Sentiment Signal: Hold
Current Market Cap: A$88.81M
See more data about EXR stock on TipRanks’ Stock Analysis page.