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Dominion Minerals Limited ( (AU:IVG) ) has issued an announcement.
InVert Graphite Limited has lodged a prospectus with ASIC for an offer of 110 million fully paid ordinary shares at A$0.03 each, aiming to raise A$3.3 million. The company has received waivers from ASX Listing Rules to facilitate capital raising and is progressing with the acquisition of the Tanzanian Critical Minerals Project. No exploration activities were conducted during the quarter, and the company incurred costs related to acquisition, relisting, and corporate administration.
More about Dominion Minerals Limited
InVert Graphite Limited, formerly known as Dominion Minerals Limited, operates in the mining industry with a focus on graphite and critical minerals. The company is currently involved in the acquisition of the Tanzanian Critical Minerals Project and is working towards reinstating its shares on the ASX.
YTD Price Performance: 40.0%
Technical Sentiment Signal: Buy
Current Market Cap: €4.06M
For a thorough assessment of IVG stock, go to TipRanks’ Stock Analysis page.