Everest Metals Corporation Limited (AU:EMC) has released an update.
Everest Metals Corporation Ltd has successfully completed a share placement, issuing 22 million new shares at $0.10 each to professional and sophisticated investors, raising a total of $2.2 million. The issuance received shareholder approval and was conducted in compliance with relevant sections of the Corporations Act, without needing disclosure under Part 6D.2, as confirmed by the company’s recent announcement.
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