Evion Group says $3.4 million raise endorses vertically integrated graphite strategy | News Direct

Evion Group says $3.4 million raise endorses vertically integrated graphite strategy

Evion Group Ltd
News release by Evion Group Ltd

facebook icon linkedin icon twitter icon pinterest icon email icon Melbourne, Victoria | April 04, 2023 12:15 PM Eastern Daylight Time

Evion Group NL (ASX:EVG) MD Tom Revy tells Proactive the company has received firm commitments to raise $3.4 million in a share placement. He says EVG intends to leverage the new capital to expand the Maniry Graphite Project and capitalise on accelerating graphite demand forecast for the electric vehicle industry over the next decade or so.

 

 

Contact Details

 

Proactive Investors

 

Jonathan Jackson

 

+61 413 713 744

 

jonathan@proactiveinvestors.com

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