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ARCH Commits Fully to Evolution Energy’s $1.45M Rights Issue – What’s Next?

2:11pm on Friday 15th of August, 2025 AEST Mining
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ARCH Commits Fully to Evolution Energy’s $1.45M Rights Issue – What’s Next?

2:11pm on Friday 15th of August, 2025 AEST
Key Points
  • ARCH holds 25% stake and will fully take up its rights
  • Rights issue priced at $0.01 per share to raise up to $1.45 million
  • Shareholders receive free attaching options exercisable at $0.02
  • Options expire three years after issue and will be ASX quoted
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