Everest Metals Raises $4 Million Through Share Placement

Everest Metals Corporation Limited (AU:EMC) has released an update.

Everest Metals Corporation Ltd has successfully completed a share placement, issuing over 36 million new shares at $0.11 each, raising nearly $4 million from professional and sophisticated investors. This strategic move enhances the company’s financial position and aligns with its growth objectives. The new shares were issued under the company’s placement capacity as per ASX Listing rules.

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