Latest EV1 News

Evolution Energy Minerals Limited has announced a renounceable pro-rata entitlement offer to raise up to $4.03 million, aiming to fund exploration and development of its Tanzanian copper and graphite assets. The offer includes free attaching options and is partially underwritten, reflecting both opportunity and risk amid regulatory challenges.

Evolution Energy Minerals has announced a $4 million renounceable entitlement offer priced at 1.5 cents per share, including free attaching options, with major shareholder Metals One Plc committing $1 million.

Evolution Energy Minerals has ramped up exploration at its Chikundo Copper Project while stabilising its finances and navigating regulatory hurdles in Tanzania. The company is preparing for drilling in 2026 despite a tight cash position.

Evolution Energy Minerals has completed an extensive soil sampling program at its Chikundo Copper Project in Tanzania, setting the stage for a targeted drilling campaign in 2026.

Evolution Energy Minerals has resumed soil sampling at its Chikundo Copper Project in Tanzania, moving closer to a planned drilling campaign in 2026. The latest phase aims to refine drill targets and accelerate exploration progress.

Evolution Energy Minerals reports steady progress in its soil sampling program at the Chikundo Copper Project in Tanzania, with over 600 samples collected to date as it advances toward a 2026 drilling campaign.

Evolution Energy Minerals is set to launch an extensive soil sampling program at its Chikundo Copper Project in Tanzania, aiming to refine targets ahead of 2026 drilling. The initiative builds on strong historical and recent copper assay results within a promising volcanic caldera setting.

Evolution Energy Minerals has successfully raised A$1.75 million through a fully underwritten rights issue, accelerating its Chilalo Graphite Project timeline to first ore production by October 2027. The company is also advancing exploration at its Chikundo copper project while streamlining operations.

Evolution Energy Minerals has fast-tracked its Chilalo Graphite Project in Tanzania, aiming to begin ore mining by late 2027 amid strong government partnership and advancing financing talks.

Evolution Energy Minerals has successfully closed an oversubscribed rights issue, raising $1.45 million and topping up with an additional $300,000 placement to fund key graphite and copper projects.

Evolution Energy Minerals has announced that its recent entitlement offer is now fully underwritten by Mahe Capital, with key directors participating as sub-underwriters, removing previous minimum subscription conditions.

Evolution Energy Minerals has secured full underwriting for its $1.45 million renounceable entitlement offer, ensuring the capital raise is fully backed ahead of the September 5 deadline.