Evion Group (ASX:EVG) raised AU$1.33 million via rights issue at AU$0.023 per new share under its non-renounceable entitlement offer, according to a Wednesday Australian bourse filing.
The offer gave eligible shareholders the option to subscribe for one new share for every three existing shares they held in the firm.
It received total subscriptions for almost 58 million new shares from eligible shareholders.
The firm reserves the right to place the shortfall shares at any time within three months of the close of the issue, the filing said.
The new shares will begin trading on Feb. 10.
It will use the funds to expand the plant capacity and production run rate at the Panthera expandable graphite joint venture in India and to finalize permitting and licensing requirements for the Maniry graphite project in Madagascar, among other things.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。