Element 25 Limited (AU:E25) has released an update.
Element 25 Limited has launched a Share Purchase Plan offering existing eligible shareholders the opportunity to buy new shares without incurring brokerage fees, aiming to raise up to A$5 million. The funds are intended to advance the Butcherbird Stage 2 Expansion Project and support a high purity manganese project in Louisiana. Shares are being offered at a 14% discount based on recent trading averages, with a cap of A$30,000 per shareholder.
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