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Elevra Lithium Issues C$65 Million Convertible Notes to Fund NAL Expansion

9:20am on Monday 3rd of August, 2026 AEST Mining
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Elevra Lithium Issues C$65 Million Convertible Notes to Fund NAL Expansion

9:20am on Monday 3rd of August, 2026 AEST
Key Points
  • C$65 million upfront tranche issued to Canada Growth Fund subsidiary
  • Convertible notes mature in five years with CORRA + 225bps interest
  • Conversion price set at A$17.17 per share
  • Funds earmarked for NAL expansion and capital management
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