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EV Resources Limited ( (AU:EVR) ) has provided an update.
EV Resources Limited has announced a $1.0 million strategic follow-on placement to Tribeca Capital, aligning with a recent $5.5 million equity raising. This investment is part of a broader strategy to enhance EVR’s position in the critical minerals market, particularly in the U.S., by securing antimony concentrate supply chains. The investment will support the progression of EVR’s Los Lirios and Dollar Antimony Projects, including resource definition and pilot plant upgrades, furthering EVR’s vision of becoming a significant antimony supplier.
More about EV Resources Limited
EV Resources Limited operates in the critical minerals industry, focusing on the development and supply of antimony resources. The company is engaged in resource development programs and aims to become a key supplier of antimony to the U.S. and allied markets.
Average Trading Volume: 9,284,829
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$22.28M
For an in-depth examination of EVR stock, go to TipRanks’ Overview page.