Volt Resources Ltd ( (AU:VRC) ) has provided an update.
Volt Resources Limited announced the issuance of 155,384,615 fully paid ordinary shares, which will be exempt from on-sale restrictions under section 708A(5) of the Corporations Act 2001. This move is part of Volt’s ongoing efforts to strengthen its financial position and support its strategic projects, including the Bunyu Graphite Project in Tanzania and other ventures in critical minerals and advanced materials.
More about Volt Resources Ltd
Volt Resources Limited is a critical minerals and advanced materials company listed on the Australian Stock Exchange under the code VRC. The company is an established graphite producer and advanced materials developer, with interests in the ZG Group and the Bunyu Graphite Project in Tanzania. Volt is also exploring lithium-borate mineralization in Serbia and operates a subsidiary in New Jersey, US, focused on clean energy technologies.
Technical Sentiment Signal: Buy
Current Market Cap: A$20.38M
For an in-depth examination of VRC stock, go to TipRanks’ Stock Analysis page.