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EverGreen Lithium Expands Share Base to Bolster Exploration Efforts

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EverGreen Lithium Expands Share Base to Bolster Exploration Efforts

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Evergreen Lithium Ltd. ( (AU:EG1) ) has issued an update.

EverGreen Lithium has issued over 15 million fully paid ordinary shares at a price of $0.047803 per share as part of a Share Sale Agreement with U Resource Pty Ltd. This move, announced in compliance with the Corporations Act, reflects the company’s strategic efforts to enhance its operational capabilities and strengthen its market position within the lithium exploration industry.

More about Evergreen Lithium Ltd.

EverGreen Lithium (ASX:EG1) is an exploration company focused on lithium spodumene projects in Australia. It owns three significant projects: Bynoe, Kenny, and Fortune, located 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 producing Finniss Project. EverGreen aims to achieve exploration success and identify a world-class discovery while maintaining an ESG focus.

Average Trading Volume: 244,640

Technical Sentiment Signal: Sell

See more data about EG1 stock on TipRanks’ Stock Analysis page.

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