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Evolution Energy Minerals Launches $1.45M Renounceable Entitlement Offer to Advance Tanzanian Projects

9:33am on Thursday 14th of August, 2025 AEST Mining
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Evolution Energy Minerals Launches $1.45M Renounceable Entitlement Offer to Advance Tanzanian Projects

9:33am on Thursday 14th of August, 2025 AEST
Key Points
  • Renounceable entitlement offer to raise up to $1.45 million at $0.01 per share
  • One free attaching option for every two new shares issued, exercisable at $0.02
  • Offer partially underwritten to $500,000 by Mahe Capital with director sub-underwriting
  • Funds allocated to Chilalo Graphite Project development, Chikundo Copper exploration, creditor repayments, and working capital
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