Rights Issue - Sub-Underwriting Update
Filed with ASX · · 3 pages · English
Summary by 6ix AI
EV Resources Limited has announced an update regarding its rights issue and sub-underwriting arrangements, which aims to raise funds through a pro rata non-renounceable rights issue. The company has secured sub-underwriting agreements for the full underwritten amount, with two significant stakeholders committing to support the issue. This update reflects confidence in the company's strategy to advance its antimony processing campaign in Mexico. An updated Appendix disclosing these arrangements will be released to the ASX shortly, with further details expected in the upcoming prospectus.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from EV Resources
- Tecomatlan Plant Flotation Circuit Commissioned
- EVR to Undertake Rights Issue and Change of Management
- Plant Production Timeline Pathway and Los Lirios Results
- High-Grade Antimony-Gold Target Defined at Nevada Project
- Channel Samples Highlight High-Grade Antimony up to 25.20%
Later from EV Resources
- EVR Secures First Five-Year Binding Ore Supply Agreement
- High-Grade Ore Secured to Commence PoC Processing Campaign
- New Antimony Feeder Vein Systems Confirmed at Los Lirios
- Security Class Suspension from Quotation - EVRO
- Security Class Reinstatement to Quotation - EVRO
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