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Volt Resources Secures $2.23M to Propel Alabama Graphite Refinery Plans

10:31am on Tuesday 4th of November, 2025 AEDT Mining
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Volt Resources Secures $2.23M to Propel Alabama Graphite Refinery Plans

10:31am on Tuesday 4th of November, 2025 AEDT
Key Points
  • Share placement raising $2.23 million at 0.6 cents per share
  • Funds allocated to feasibility study, pilot plant, debt repayment, and working capital
  • Directors subscribing $500,000, subject to shareholder approval
  • Placement shares issued at a 7.3% premium to 30-day VWAP
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