EnviroGold Global Limited (TSE:NVRO) has released an update.
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EnviroGold Global has successfully completed the second tranche of its non-brokered private placement, raising C$112,000 from the issuance of 2.24 million units and has seen sufficient investor interest to increase the offering size to $2 million. The proceeds are earmarked for accelerating the development of their NVRO Clean Leach Process facility in Brisbane and for general operating expenses. The funding showcases the company’s innovative approach to monetizing mine waste and reducing environmental liabilities.
For further insights into TSE:NVRO stock, check out TipRanks’ Stock Analysis page.