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Volt Resources Ltd ( (AU:VRC) ) has issued an announcement.
Volt Resources Limited has announced the issuance of 288,500,000 fully paid ordinary shares, which are exempt from on-sale restrictions under section 708A(5) of the Corporations Act 2001. This strategic move is part of Volt’s ongoing efforts to strengthen its market position and support its various projects, including the development of its graphite and gold projects, which are crucial to its growth and expansion plans.
More about Volt Resources Ltd
Volt Resources Limited is a critical minerals and advanced materials company listed on the Australian Stock Exchange under the ASX code VRC. The company is an established graphite producer and advanced materials developer, with a focus on downstream graphite business including high purity graphite processing technology. Volt is also involved in the development of the Bunyu Graphite Project in Tanzania, gold exploration in Guinea, and holds interests in lithium-borate mineralisation in Serbia.
Technical Sentiment Signal: Sell
Current Market Cap: A$28.11M
See more data about VRC stock on TipRanks’ Stock Analysis page.