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An announcement from BlackEarth Minerals NL ( (AU:EVG) ) is now available.
Evion Group NL has completed a share sale facility for investors holding parcels of shares worth less than A$500, enabling these small shareholders to exit their positions cost-effectively. The initiative targeted 845 investors with an aggregate 6,487,500 shares, defined as less than a marketable parcel at the January 2026 record date.
Under the facility, 5,403,881 shares were sold at an average price of A$0.027 per share, with 91 eligible investors choosing to retain their 589,309 shares. The shares sold represented only about 0.93% of Evion’s issued capital but nearly 48% of the total number of shareholders, significantly streamlining the share register and reducing ongoing administrative costs for the company.
More about BlackEarth Minerals NL
Evion Group NL is a vertically integrated graphite developer listed on the ASX, focusing on projects in Madagascar, India and Europe. The company is positioned for growth in the global graphite supply chain, targeting critical mineral demand from battery and industrial markets.
Average Trading Volume: 423,559
Technical Sentiment Signal: Buy
Current Market Cap: A$19.64M
See more insights into EVG stock on TipRanks’ Stock Analysis page.