EV Resources Limited Initiates $2.1 Million Rights Issue

EV Resources Limited (AU:EVR) has released an update.

EV Resources Limited has launched a non-renounceable rights issue to raise up to $2.1 million, offering shareholders the chance to purchase new shares at $0.003 each. Eligible shareholders can subscribe for one new share for every two existing shares they hold and may apply for additional shares if available. This move aims to strengthen the company’s financial position and support its growth initiatives.

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