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EverGreen Lithium Announces Release of Restricted Securities and Expiry of Options

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EverGreen Lithium Announces Release of Restricted Securities and Expiry of Options

An announcement from Evergreen Lithium Ltd. ( (AU:EG1) ) is now available.

EverGreen Lithium Limited has announced the upcoming release of restricted securities from escrow on April 11, 2025, including 124,848,300 ordinary shares and a total of 60,999,999 unlisted options. Additionally, 15,500,000 unlisted options are set to expire on the same date. This release is part of the company’s strategic financial management and may impact its market operations by potentially increasing liquidity and providing opportunities for stakeholders to exercise their options.

More about Evergreen Lithium Ltd.

EverGreen Lithium (ASX:EG1) is an exploration company focused on lithium spodumene projects in Australia, owning 100% of the Bynoe, Kenny, and Fortune Projects. These projects are situated in regions known for lithium pegmatite occurrences in the Northern Territory and Western Australia. The company’s flagship Bynoe Lithium Project is adjacent to Core Lithium’s Finniss Project. EverGreen aims to achieve exploration success and identify a world-class discovery while maintaining an ESG focus to contribute to a clean and green future.

YTD Price Performance: 33.33%

Average Trading Volume: 21,938

Technical Sentiment Consensus Rating: Hold

See more insights into EG1 stock on TipRanks’ Stock Analysis page.

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