Lithium Energy Sets Stage for Axon Graphite IPO

Lithium Energy Ltd. (AU:LEL) has released an update.

Lithium Energy Limited is preparing for the initial public offering (IPO) of Axon Graphite Limited, which will merge high-grade natural graphite assets from both Lithium Energy and NOVONIX Limited. With the appointment of Mr Peter Turnbull as Non-Executive Chair, along with a team of experienced directors and senior management, Axon Graphite aims to transition from exploration to becoming a graphite miner and battery anode material producer. The company is finalizing a prospectus for the IPO, seeking to raise between $15 million to $25 million.

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