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Invert Graphite Secures ASX Waivers for Strategic Acquisition and Capital Raising

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Invert Graphite Secures ASX Waivers for Strategic Acquisition and Capital Raising

Dominion Minerals Limited ( (AU:IVG) ) just unveiled an update.

Invert Graphite Limited, listed on the ASX, has announced a change in its registered office to Sydney, Australia. The company has also secured waivers from ASX listing rules to facilitate its proposed acquisition of Exceptional Graphite entities and a capital raising effort. These waivers allow the company to issue convertible securities and shares below the usual minimum price, supporting its compliance with listing requirements and enabling a public offer to raise $3.5 million. This strategic move aims to strengthen the company’s market position and operational capabilities.

More about Dominion Minerals Limited

YTD Price Performance: 40.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €4.18M

Learn more about IVG stock on TipRanks’ Stock Analysis page.

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