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InVert Graphite Extends Share Offer Deadline Amid Acquisition Plans

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Dominion Minerals Limited ( (AU:IVG) ) has provided an announcement.

InVert Graphite Limited has announced an extension to the closing date of its offer to issue 110 million fully paid ordinary shares, aiming to raise A$3.3 million, with the potential for oversubscriptions. The new closing date is set for May 15, 2025. This extension provides additional time for potential investors to participate in the offer, which is part of the company’s strategy to complete an acquisition and seek readmission to the ASX. The outcome of this offer and acquisition could significantly impact InVert Graphite’s market positioning and operational capabilities.

More about Dominion Minerals Limited

InVert Graphite Limited is a company operating in the graphite industry, focusing on the issuance of fully paid ordinary shares to raise capital. The company is listed on the Australian Securities Exchange (ASX) under the ticker IVG.

Technical Sentiment Signal: Sell

Current Market Cap: A$7.23M

Find detailed analytics on IVG stock on TipRanks’ Stock Analysis page.

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