$MVL's Chilalo #Graphite IPO spin out details released. Evolution Energy Minerals.
- Raise $22m @ 20c
- Cornerstoned by #ESG fund for initial $8m
- MVL to hold ~31% of shares in new #IPO & receive $2m cash for sale
- Priority offer for holders
Prospectus: evolutionenergyminerals.com.au
- Raise $22m @ 20c
- Cornerstoned by #ESG fund for initial $8m
- MVL to hold ~31% of shares in new #IPO & receive $2m cash for sale
- Priority offer for holders
Prospectus: evolutionenergyminerals.com.au
$MVL #IPO
- An advanced DFS stage #graphite project
- Relatively low valuation compared to exploration stage peers
- Indicative market cap of $32.4m on listing
Read the prospectus: evolutionenergyminerals.com.au
- An advanced DFS stage #graphite project
- Relatively low valuation compared to exploration stage peers
- Indicative market cap of $32.4m on listing
Read the prospectus: evolutionenergyminerals.com.au
That's a market cap of an explorer with no resource for some perspective.
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