EnviroGold Global Limited (TSE:NVRO) has released an update.
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EnviroGold Global Limited has successfully completed the initial phase of its non-brokered private placement, raising C$730,000 through the issue of 14.6 million units. The company plans to use these funds to fast-track the development of its NVRO Clean Leach Process demonstration facility in Brisbane, as well as to strengthen customer relations and cover general operating expenses. A second funding tranche is anticipated by mid-July 2024, reflecting investor confidence and support for the company’s upcoming technology commercialization.
For further insights into TSE:NVRO stock, check out TipRanks’ Stock Analysis page.
